Acts 2024 Inc

Analysis

Acts 2024 Inc is a registered charity in United States, based in Redmond, OR. It received its IRS tax-exemption ruling in April 2016, 10 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, Acts 2024 Inc reported income of $242k and spending of $151k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $156k to $242k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Acts 2024 Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within OR. Charities of a similar size with the same main cause include Strawberry Mansion Neighborhood Action Center ($242k), Faith in Action North ($242k) and Greater Rolla Area Charitable Enterprise ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $152k against liabilities of $0, net assets of $152k.