Acmc Foundation

Analysis

Acmc Foundation is a registered charity in United States, based in Ashtabula, OH. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Acmc Foundation reported income of $2.7m and spending of $276k, leaving 90% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $173k to $2.7m (+1438%), an average of +98% a year. The sharpest change came in the year to December 2023, when income rose by 908%. Over the whole period it spent 42% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Acmc 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 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Woar Philadelphia Center Against Sexual Violence ($2.7m), Southwest Guidance Center ($2.7m) and Olympic Community of Health ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $9.1m against liabilities of $520k, net assets of $8.6m.