990 Scout/ The Ability Challenge Incorporated/ Financials

Financial Information for The Ability Challenge Incorporated

The Ability Challenge Incorporated's annual revenue was $815K in tax year 2024, reported on their IRS Form 990. They spent $729K in total expenses. 79% went to programs and services.

Financial Breakdown

What is The Ability Challenge Incorporated's total annual expenses?

The Ability Challenge Incorporated spent $729K in tax year 2024, according to their IRS Form 990 filing.

How much of The Ability Challenge Incorporated's budget goes to programs?

The Ability Challenge Incorporated spent $579K (79% of expenses) on programs and services in tax year 2024.

How much does The Ability Challenge Incorporated spend on overhead?

The Ability Challenge Incorporated's overhead in tax year 2024 includes administrative (18%) and fundraising (2%) of their expenses.

What is The Ability Challenge Incorporated's net worth?

The Ability Challenge Incorporated had net assets of $551K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.