The Actors Fund of America
Analysis
The Actors Fund of America is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1940, 86 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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, The Actors Fund of America reported income of $99.4m and spending of $85.9m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $38.5m to $99.4m (+158%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 126%. Over the whole period it spent 86% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Actors Fund of America 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 NY. Charities of a similar size with the same main cause include Smile Train Inc ($99.4m), People Acting in Community Endeavors Inc ($100.8m) and U B Foundation Activities Inc ($98.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $2.8m (3.3% of expenses). Other salaries and wages came to $21.4m. It paid $647k in professional fundraising fees. At year end it held assets of $179.8m against liabilities of $61.6m, net assets of $118.2m. It reported 392 employees.
Income and spending
Where the income comes from
- Contributions & grants 73%
- Program services 25%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Smile Train Inc | New York | $99.4m |
| People Acting in Community Endeavors Inc | New Bedford | $100.8m |
| U B Foundation Activities Inc | Buffalo | $98.9m |
| Salem Health Hospitals and Clinics | Salem | $100.9m |