Akesis Health Inc

Analysis

Akesis Health Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Akesis Health Inc reported income of $2.6m and spending of $2.9m, spending 110% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $6.9m to $2.6m (-62%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 60%. Over the whole period it spent 91% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Akesis Health Inc sits at the 89th percentile: it is larger than about 89% 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 American Society of International Law ($2.6m), American Friends of Lubavitch ($2.6m) and World Rehabilitation Fund Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $347k (12% of expenses). Other salaries and wages came to $883k. At year end it held assets of $4.4m against liabilities of $140k, net assets of $4.3m. It reported 6 employees.