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Acts 6 4 Network Inc

RegisteredEIN 81-4710411Fort Worth, TXPoverty relief
Income$123k2023-12
Spending$88ksame year
Spent / received72%2-year average
Size in its cause37th pctPoverty relief
Exempt since2018Publicly supported organisat
Employees–latest return

Analysis

Acts 6 4 Network Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in April 2018, 8 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, Acts 6 4 Network Inc reported income of $123k and spending of $88k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $120k to $123k (+2.4%), an average of +2.4% a year. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Acts 6 4 Network Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Holistic Kids Foundation ($123k), Comite Comunal de Corcovada Inc ($123k) and First Resource Center ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $222k against liabilities of $0, net assets of $222k.

Income and spending

$0$31k$62k$92k$123k2022 Income: $120,4502022 Spending: $87,92020222023 Income: $123,2862023 Spending: $87,9662023
IncomeSpending

Where the income comes from

  • Contributions & grants 96%
  • Other 4.0%

Similar-sized charities, same cause

CharityLocationIncome
Holistic Kids FoundationLos Angeles$123k
Comite Comunal de Corcovada IncAnasco$123k
First Resource CenterPalestine$123k
Jesus CatsChristopher$123k