Abilities Workshop Inc
Analysis
Abilities Workshop Inc is a registered charity in United States, based in Altamonte SPG, FL. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Abilities Workshop Inc reported income of $284k and spending of $247k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $160k to $284k (+77%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 87% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Abilities Workshop Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Tester Construction Gives ($284k), Jersey Community Hospital Foundation ($284k) and Hypertrophic Cardiomyopathy Medical Society ($284k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $37k (15% of expenses). Other salaries and wages came to $53k. At year end it held assets of $306k against liabilities of $211k, net assets of $94k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 22%
- Program services 69%
- Other 8.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tester Construction Gives | Bala Cynwyd | $284k |
| Jersey Community Hospital Foundation | Jerseyville | $284k |
| Hypertrophic Cardiomyopathy Medical Society | Raleigh | $284k |
| Asxl Rare Research Endowment Foundation | Gorham | $284k |