Act Care Foundation Inc

Analysis

Act Care Foundation Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Act Care Foundation Inc reported income of $142k and spending of $252k, spending 177% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $338k to $142k (-58%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Act Care Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Street Racing Kills ($142k), Hope Pregnancy and Resource Center ($142k) and Mane in Heaven ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.1% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.