Action Inc

Analysis

Action Inc is a registered charity in United States, based in Gloucester, MA. It received its IRS tax-exemption ruling in January 1969, 57 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Action Inc reported income of $111.1m and spending of $108.9m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $69.7m to $111.1m (+59%), an average of +12% a year. The sharpest change came in the year to September 2023, when income rose by 39%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Action Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Sequoia Living Inc ($111.0m), Bronx Parent Housing Network Inc ($111.2m) and Element Care Inc ($110.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $863k (0.8% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $28.6m against liabilities of $7.8m, net assets of $20.8m. It reported 109 employees.