Action for a Better Community Inc

Analysis

Action for a Better Community Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in May 1965, 61 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 for a Better Community Inc reported income of $22.4m and spending of $22.5m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $27.4m to $22.4m (-18%), an average of -4.8% a year. The sharpest change came in the year to September 2023, when income dropped by 16%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Action for a Better Community Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Commonwealth Catholic Charities ($22.4m), Turn Community Services Inc ($22.5m) and Everas Community Services Inc ($22.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $368k (1.6% of expenses). Other salaries and wages came to $10.5m. At year end it held assets of $12.6m against liabilities of $13.1m, net assets of -$481k. It reported 371 employees.