Abby Kelley Foster House Inc
EIN: 42648411 · Worcester, MA · NTEE: L410
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $2.8M |
| Net Assets | $10.0M |
Is Abby Kelley Foster House Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Abby Kelley Foster House Inc
Abby Kelley Foster House Inc (EIN: 42648411) is a nonprofit organization based in Worcester, MA, classified under NTEE code L410. The organization reported total revenue of $3.8M and total assets of $15.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abby Kelley Foster House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Abby Kelley Foster House Inc is a mid-size nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$639K |
| Total Assets | $12.7M |
| Total Liabilities | $2.7M |
| Net Assets | $10.0M |
| Operating Margin | 18.8% |
| Debt-to-Asset Ratio | 21.6% |
| Months of Reserves | 55.4 months |
Financial Health Grade: A
In 2023, Abby Kelley Foster House Inc reported a surplus of $639K with revenue exceeding expenses, holds 55.4 months of operating reserves (strong position), has a debt-to-asset ratio of 21.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Abby Kelley Foster House Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.6% | +26.4% | +28.2% |
| 2022 | +13.0% | +14.8% | +8.3% |
| 2021 | -24.9% | +7.1% | +7.2% |
| 2020 | +33.6% | +7.1% | +21.1% |
| 2019 | +2.8% | +17.1% | +11.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Abby Kelley Foster House Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Abby Kelley Foster House Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $639K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.6%.
Frequently Asked Questions about Abby Kelley Foster House Inc
Is Abby Kelley Foster House Inc a legitimate charity?
Abby Kelley Foster House Inc (EIN: 42648411) is a registered tax-exempt nonprofit based in Massachusetts. It has 13 years of IRS 990 filings on record. Total revenue: $3.8M. No red flags identified. Financial health grade: A.
How does Abby Kelley Foster House Inc spend its money?
Abby Kelley Foster House Inc reported $3.8M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Abby Kelley Foster House Inc tax-deductible?
Abby Kelley Foster House Inc is registered as a tax-exempt nonprofit (EIN: 42648411). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Abby Kelley Foster House Inc located?
Abby Kelley Foster House Inc is headquartered in Worcester, Massachusetts and files with the IRS under EIN 42648411. It is classified under NTEE code L410.
How many years of IRS 990 filings does Abby Kelley Foster House Inc have?
Abby Kelley Foster House Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.8M in total revenue.
Filing History
IRS 990 filing history for Abby Kelley Foster House Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Abby Kelley Foster House Inc's revenue has grown by 175.2%, moving from $1.2M to $3.4M. Total assets increased by 255.3% over the same period, from $3.6M to $12.7M. Total functional expenses rose by 114.1%, from $1.3M to $2.8M. In its most recent filing year (2023), Abby Kelley Foster House Inc reported a surplus of $639K, with revenue exceeding expenses. The organization holds $2.7M in liabilities against $12.7M in assets (debt-to-asset ratio: 21.6%), resulting in net assets of $10.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $2.8M | $12.7M | $2.7M | — | View 990 |
| 2022 | $2.6M | $2.2M | $9.9M | $1.1M | — | — |
| 2021 | $2.3M | $1.9M | $9.2M | $433K | — | View 990 |
| 2020 | $3.1M | $1.8M | $8.6M | $429K | — | View 990 |
| 2019 | $2.3M | $1.7M | $7.1M | $387K | — | View 990 |
| 2018 | $2.2M | $1.4M | $6.3M | $386K | — | View 990 |
| 2017 | $2.8M | $1.5M | $5.7M | $569K | — | View 990 |
| 2016 | $2.4M | $1.6M | $4.6M | $761K | — | View 990 |
| 2015 | $1.7M | $1.5M | $3.7M | $631K | — | View 990 |
| 2014 | $1.3M | $1.3M | $3.3M | $354K | — | View 990 |
| 2013 | $1.2M | $1.3M | $3.3M | $372K | — | View 990 |
| 2012 | $1.4M | $1.3M | $3.4M | $387K | — | View 990 |
| 2011 | $1.2M | $1.3M | $3.6M | $700K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $2.8M, and assets of $12.7M (revenue +30.6% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.2M, and assets of $9.9M (revenue +13.0% year-over-year).
- 2021: Revenue of $2.3M, expenses of $1.9M, and assets of $9.2M (revenue -24.9% year-over-year).
- 2020: Revenue of $3.1M, expenses of $1.8M, and assets of $8.6M (revenue +33.6% year-over-year).
- 2019: Revenue of $2.3M, expenses of $1.7M, and assets of $7.1M (revenue +2.8% year-over-year).
- 2018: Revenue of $2.2M, expenses of $1.4M, and assets of $6.3M (revenue -20.0% year-over-year).
- 2017: Revenue of $2.8M, expenses of $1.5M, and assets of $5.7M (revenue +16.3% year-over-year).
- 2016: Revenue of $2.4M, expenses of $1.6M, and assets of $4.6M (revenue +41.5% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.5M, and assets of $3.7M (revenue +29.9% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $3.3M (revenue +8.0% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.3M, and assets of $3.3M (revenue -14.5% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.3M, and assets of $3.4M (revenue +14.3% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.3M, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Abby Kelley Foster House Inc:
Data Sources and Methodology
This transparency report for Abby Kelley Foster House Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.