Actschools Inc
Analysis
Actschools Inc is a registered charity in United States, based in Greenville, KY. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Actschools Inc reported income of $187k and spending of $206k, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $215k to $187k (-13%), an average of -2.7% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 108% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Actschools Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within KY. Charities of a similar size with the same main cause include Bright Hope Inc ($187k), Rocky Hill Elementary School Foundation ($187k) and Ebell Society of the Santa Ana Valley ($187k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% and program service revenue 44% of the total. Other salaries and wages came to $100k. At year end it held assets of $19k against liabilities of $15k, net assets of $3,495. It reported 8 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 43%
- Program services 44%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bright Hope Inc | Shelbyville | $187k |
| Rocky Hill Elementary School Foundation | Knoxville | $187k |
| Ebell Society of the Santa Ana Valley | Santa Ana | $187k |
| Penn State Alumni Association | Avon | $187k |