Abc & Me

Analysis

Abc & Me is a registered charity in United States, based in Tipton, IN. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Abc & Me reported income of $587k and spending of $400k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $241k to $587k (+143%), an average of +143% a year. The sharpest change came in the year to December 2023, when income rose by 143%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Abc & Me sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IN. Charities of a similar size with the same main cause include Delphos Senior Citizens Inc ($587k), Echo Park Silverlake Peoples Child Care Center ($588k) and The Encampment Store ($587k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $14k (3.4% of expenses). Other salaries and wages came to $259k. At year end it held assets of $381k against liabilities of $72k, net assets of $309k. It reported 33 employees.