Acts Community Development

Analysis

Acts Community Development is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Acts Community Development reported income of $295k and spending of $554k, spending 188% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $212k to $295k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2020, when income rose by 75%. Over the whole period it spent 123% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Acts Community Development sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Power of Love Foundation ($295k), Asbestos Workers Local 14 Scholarship Fund ($295k) and Beacon Hill Civic Association Inc ($295k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 5.5% of the total. At year end it held assets of $3.6m against liabilities of $159k, net assets of $3.5m.