Act Foundation USA Inc

Analysis

Act Foundation USA Inc is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in March 2015, 11 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, Act Foundation USA Inc reported income of $90k and spending of $78k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $90k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Act Foundation USA Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within VA. Charities of a similar size with the same main cause include Children of Jamaica Outreach ($90k), Operation Helping Hands ($90k) and Bright Beginnings Learning Academy ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.