Actheals

Analysis

Actheals is a registered charity in United States, based in Panama City, FL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Actheals reported income of $125k and spending of $107k, spending 85% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $84k to $125k (+50%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 200%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Actheals sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Susans Kids Inc ($125k), Our Lady of Calvary Athletic Assoc ($125k) and Justin Hope Foundation ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 41% of the total. At year end it held assets of $894k against liabilities of $0, net assets of $894k.