Action for a Better Community Foundation Inc

Analysis

Action for a Better Community Foundation Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in April 1993, 33 years ago. 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 Foundation Inc reported income of $138k and spending of $115k, spending 83% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $205k to $138k (-32%), an average of -32% a year. The sharpest change came in the year to September 2023, when income dropped by 32%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Action for a Better Community Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Volunteers of America Inc ($138k), Wimodaughsian Free Library ($138k) and New England Antiquities Research Assoc ($138k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 131% of the total. Other salaries and wages came to $60k. At year end it held assets of $297k against liabilities of $19k, net assets of $278k.