Act Now Education Organization Inc

Analysis

Act Now Education Organization Inc is a registered charity in United States, based in Ellicott City, MD. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 Now Education Organization Inc reported income of $297k and spending of $301k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $3,354 to $297k (+8760%), an average of +8760% a year. The sharpest change came in the year to December 2023, when income rose by 8760%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Act Now Education Organization Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MD. Charities of a similar size with the same main cause include Virginia Highland District Association Inc ($297k), Portland Rotary Charitable Trust ($297k) and High Point Discovered Inc ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.