A B L E Families Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
A B L E Families Inc is a 501(c)(3) organization based in Kermit, West Virginia, registered in 1946, with $617,830 in FY2023 revenue. CharityIndex grades it B.
Po Box 1249, Kermit, WV, 25674 EIN 55-0734539 Since 1946
Revenue (FY2023)
$618K
▲ 17.4% vs prior year
Expenses (FY2023)
$642K
Net assets
$471K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A B L E Families Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating9 mo reserves · -4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A B L E Families Inc: 9 mo reserves · -4% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for A B L E Families Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A B L E Families Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 1249, Kermit, WV, 25674
- City
- Kermit
- State
- West Virginia
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $261K (FY2015) to $618K (FY2023) across 9 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $33KNet assets $471K
Operating margin
-4.0%
Spent more than it raised in the latest fiscal year.
Total assets
$503K
Total liabilities
$33K
Net assets
$471K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $617,830▲17.4% | $642,406▲11.7% | $470,657▼3.8% | $503,279▼10.0% | 990 |
| 2022 | $526,224▲4.3% | $575,010▲22.3% | $489,138▼8.3% | $559,415▲2.6% | 990 |
| 2021 | $504,743▲25.5% | $470,227▲26.9% | $533,530▼2.2% | $545,364▼1.9% | 990 |
| 2020 | $402,060▼10.9% | $370,688▼2.9% | $545,256▲12.3% | $556,198▲9.3% | 990 |
| 2019 | $451,498▲61.1% | $381,749▲0.5% | $485,704▲16.2% | $509,053▲17.0% | 990 |
| 2018 | $280,239▼4.9% | $379,798▲11.3% | $418,099▼19.2% | $435,015▼18.4% | 990 |
| 2017 | $294,597▼11.5% | $341,234▼8.7% | $517,658▼8.3% | $532,799▼7.6% | 990 |
| 2016 | $332,972▲27.4% | $373,777▲33.0% | $564,295▼6.7% | $576,856▼5.3% | 990 |
| 2015 | $261,358 | $280,941 | $605,100 | $609,008 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $144K total
7 grants to A B L E Families Inc totaling $144K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | General operating support | 2023 | $10,251 |
| T Rowe Price Program For Charitable Giving Inc | General operating | 2020 | $5,000 |
| T Rowe Price Program For Charitable Giving Inc | General operating | 2020 | $5,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $15,300 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $10,000 |
| Delivering Good Inc | Poverty assistance | 2016 | $5,547 |
| Delivering Good Inc | Poverty assistance | 2014 | $93,096 |
Frequently asked questions
- Is A B L E Families Inc a legitimate nonprofit?
- Yes. A B L E Families Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 55-0734539, based in Kermit, West Virginia. Donations are tax-deductible.
- What is A B L E Families Inc's EIN?
- A B L E Families Inc's Employer Identification Number (EIN) is 55-0734539.
- How much revenue does A B L E Families Inc report?
- A B L E Families Inc reported $617,830 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does A B L E Families Inc have?
- CharityIndex grades A B L E Families Inc B, based on financial health (reserves and operating margin).
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Data for A B L E Families Inc (EIN 55-0734539) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.