Abc House Inc

Analysis

Abc House Inc is a registered charity in United States, based in Albany, OR. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Abc House Inc reported income of $4.2m and spending of $2.4m, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $4.2m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2023, when income rose by 90%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Abc House Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within OR. Charities of a similar size with the same main cause include Carriage House Childrens Center Inc ($4.2m), East Ft Bend Human Needs Ministry Inc ($4.2m) and Gift of Adoption Fund Inc ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $368k (16% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $10.0m against liabilities of $211k, net assets of $9.8m. It reported 24 employees.