PHuman ServicesEIN: 260678503· Ruling Year: 2009

Abacus Credit Counseling

Encino, California

A-Health Score
80A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

💰
$2.8M
Total Revenue
📊
$2.1M
Total Expenses
🏦
$7.3M
Net Assets
📋
$114K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.3%
Year-over-year change (2022 → 2023)
Net Margin
+25.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.52
Net assets divided by total expenses
Liabilities-to-Assets
1.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,780,2207%$2,061,9821%$7,365,25710%
2022$2,591,69727%$2,088,3846%$6,687,1196%
2021$2,039,5792%$2,221,1612%$7,151,653
2020$2,077,67812%$2,265,5048%$7,182,3976%
2019$2,353,5019%$2,105,8893%$6,791,95212%
2018$2,582,5357%$2,038,9833%$6,043,3472%
2017$2,420,78810%$2,111,5592%$6,162,53515%
2016$2,199,4801%$2,069,5168%$5,368,66110%
2015$2,228,9892%$1,924,8811%$4,887,4114%
2014$2,269,5988%$1,946,1906%$5,088,92317%
2013$2,099,39828%$2,061,54211%$4,345,29810%
2012$2,929,8156%$2,312,27456%$3,957,77727%
2011$3,131,583$1,486,802$3,124,321

Frequently Asked Questions

What does Abacus Credit Counseling do?

Abacus Credit Counseling is a human services nonprofit organization based in California. It is classified under NTEE code P51 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Abacus Credit Counseling financially healthy?

Based on our 9-metric Financial Health Score model, Abacus Credit Counseling has a score of 80/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Abacus Credit Counseling generate?

Abacus Credit Counseling reports $2.4M in annual revenue and holds $7.9M in total assets, based on IRS filings.

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