Abide Gathering Inc

Analysis

Abide Gathering Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Abide Gathering Inc reported income of $78k and spending of $74k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $155k to $78k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Abide Gathering Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Giac Quang Temple ($78k), American Alliance of Jews and Christians Inc ($78k) and Pho Quang Buddhist Meditation Center Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. At year end it held assets of $20k against liabilities of $57, net assets of $20k.