Abilityfirst

Analysis

Abilityfirst is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in December 2002, 24 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 December 2023, Abilityfirst reported income of $18.6m and spending of $19.3m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.4m to $18.6m (+6.8%), an average of +1.7% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Abilityfirst sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Youthcare ($18.6m), Youth Service Bureau of Illinois Valley Incorporated ($18.6m) and Rodale Institute ($18.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $939k (4.9% of expenses). Other salaries and wages came to $10.7m. At year end it held assets of $98.6m against liabilities of $2.3m, net assets of $96.3m. It reported 430 employees.