Acm Lifting Lives

Analysis

Acm Lifting Lives is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Acm Lifting Lives reported income of $1.5m and spending of $1.4m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.5m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2020, when income rose by 116%. Over the whole period it spent 112% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Acm Lifting Lives sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include United Way of Snohomish County ($1.5m), Benson Family Foundation ($1.5m) and United Way of Cape Cod ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. Compensation of current officers, directors and key employees was $197k (14% of expenses). Other salaries and wages came to $124k. At year end it held assets of $5.7m against liabilities of $18k, net assets of $5.7m. It reported 5 employees.