Village Acupuncture Project

Analysis

Village Acupuncture Project is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Village Acupuncture Project reported income of $106k and spending of $100k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $120k to $106k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2020, when income dropped by 51%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Village Acupuncture Project sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include Brothers on a Quest Inc ($106k), Rehabilitation Services Volunteer Project ($106k) and Loving Home Hospice for Children Incorporated ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Other salaries and wages came to $65k. At year end it held assets of $5,068 against liabilities of $17k, net assets of -$12k. It reported 2 employees.