Act3 Ministry Inc

Analysis

Act3 Ministry Inc is a registered charity in United States, based in Tipton, IN. It received its IRS tax-exemption ruling in August 2022, 4 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 (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, Act3 Ministry Inc reported income of $71k and spending of $55k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $27k to $71k (+168%), an average of +168% a year. The sharpest change came in the year to December 2023, when income rose by 168%. Over the whole period it spent 67% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Act3 Ministry 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 28th percentile, and in the 25th percentile within IN. Charities of a similar size with the same main cause include Sid Friedman Charitable Supporting Organization ($71k), Electrical & Computer Engineering Foundation ($71k) and Gcsa New Jersey Charitable Educational and Scientific ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.