Acupuncture for USA

Analysis

Acupuncture for USA is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in December 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, Acupuncture for USA reported income of $750k and spending of $156k, leaving 79% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $331k to $750k (+127%), an average of +50% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 23% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Acupuncture for USA sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Mission Texarkana Inc ($750k), Progressive Alternative Living Inc ($750k) and Southern Nevada Centers for Independent Living ($750k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $1.4m against liabilities of $51k, net assets of $1.4m.