Abide in Love

Analysis

Abide in Love is a registered charity in United States, based in Tuttle, OK. It received its IRS tax-exemption ruling in August 2019, 7 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 2022, Abide in Love reported income of $79k and spending of $59k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $80k to $79k (-0.8%), an average of -0.8% a year. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Abide in Love sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within OK. Charities of a similar size with the same main cause include Abilities at Crestview II Inc ($79k), Nsca Education Foundation ($79k) and Junior League of Lynchburg Va ($79k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.