Action for Enterprise Inc

Analysis

Action for Enterprise Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in June 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Action for Enterprise Inc reported income of $347k and spending of $550k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $347k (-67%), an average of -24% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 118% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Action for Enterprise Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include Circle of Care St Louis ($347k), Bridgton Food Pantry ($347k) and Reveal Resource Center ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $185k (34% of expenses). Other salaries and wages came to $35k. At year end it held assets of $311k against liabilities of $33k, net assets of $278k. It reported 2 employees.