A&b It S All Good Inc

Analysis

A&b It S All Good Inc is a registered charity in United States, based in Westport, CT. It received its IRS tax-exemption ruling in September 2023, 3 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, A&b It S All Good Inc reported income of $283k and spending of $242k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $213k to $283k (+33%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, A&b It S All Good Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within CT. Charities of a similar size with the same main cause include Lorain County Community Development Corporation ($283k), Downtown Neighborhood Association of Elgin ($283k) and Community Builders Network of Metro St Louis ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Other salaries and wages came to $104k. At year end it held assets of $66k against liabilities of $2,679, net assets of $63k. It reported 9 employees.