Acts Christian Transitional Service Inc

Analysis

Acts Christian Transitional Service Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 1983, 43 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 December 2023, Acts Christian Transitional Service Inc reported income of $2.1m and spending of $3.0m, spending 144% of what it took in. Across the 5 years on record, from June 2020 to December 2023, income fell from $2.5m to $2.1m (-18%), an average of -5.0% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Acts Christian Transitional Service Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Cincinnati Foundation for Mortuary Education ($2.1m), Verity-Compassion Safety Support a California Corporation ($2.1m) and Governors Institutes of Vermont ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $101k (3.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $710k against liabilities of $1.4m, net assets of -$662k. It reported 61 employees.