Acupuncture Healing Arts Inc

Analysis

Acupuncture Healing Arts Inc is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Acupuncture Healing Arts Inc reported income of $216k and spending of $223k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $36k to $216k (+491%), an average of +492% a year. The sharpest change came in the year to December 2023, when income rose by 491%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Acupuncture Healing Arts Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Center Clinic-Incorporated ($216k), Hiram Licensed Home Care Company ($216k) and Med Aditus Foundation Inc ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $63k (28% of expenses). Other salaries and wages came to $39k. At year end it held assets of $179k against liabilities of $199k, net assets of -$20k. It reported 8 employees.