Manchester Acupuncture Studio

Analysis

Manchester Acupuncture Studio is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Manchester Acupuncture Studio reported income of $392k and spending of $402k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $442k to $392k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Manchester Acupuncture Studio sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within NH. Charities of a similar size with the same main cause include Morning Starr New Beginnings ($392k), Immaculate Heart of Mary Family Health Center ($392k) and Positive Family Partners Inc ($392k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $65k (16% of expenses). Other salaries and wages came to $165k. At year end it held assets of $210k against liabilities of $106k, net assets of $105k. It reported 10 employees.