Acmh Inc

Analysis

Acmh Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1974, 52 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Acmh Inc reported income of $40.6m and spending of $39.7m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $32.7m to $40.6m (+24%), an average of +5.5% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Acmh Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Wvuhs Home Care LLC ($40.4m), Bethany Lutheran Homes Inc ($40.6m) and Young Mens Christian Association of Greater Dayton ($40.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $643k (1.6% of expenses). Other salaries and wages came to $17.5m. At year end it held assets of $55.9m against liabilities of $47.0m, net assets of $8.8m. It reported 425 employees.