The Ability Challenge Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 219,616 | 152,591 | 67,025 | 5.3 | 35% |
| 2023 | 1,001,930 | 564,373 | 437,557 | 9.9 | 12% |
In its most recent public year (2023), this organization brought in $437,557 more than it spent. Its reserves stood at about 9.9 months of spending, up from 5.3 in 2022. Staff pay was 12% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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