Actblue Charities Inc

Analysis

Actblue Charities Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Actblue Charities Inc reported income of $1.7m and spending of $731k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $22.3m to $1.7m (-93%), an average of -48% a year. The sharpest change came in the year to December 2020, when income rose by 935%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Actblue Charities Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Columbus Blue Jackets Foundation ($1.7m), Andersen Tax Foundation ($1.7m) and Maui United Way Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $10k (1.4% of expenses). Other salaries and wages came to $404k. At year end it held assets of $13.2m against liabilities of $6.5m, net assets of $6.7m.