Acts Foundation

Analysis

Acts Foundation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Foundation reported income of $764k and spending of $678k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $5,653 to $764k (+13418%), an average of +1063% a year. The sharpest change came in the year to December 2022, when income rose by 5950%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Acts Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Plumbers Local 210 Joint Apprentice & Journeyman Upgd Training TR Fund ($764k), Aire Ventures Inc ($764k) and Claiborne County Chamber and Ecd Foundation Inc ($764k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. Other salaries and wages came to $327k. At year end it held assets of $235k against liabilities of $191k, net assets of $44k. It reported 58 employees.