Act - A Common Thread is a 501(c)(3) organization based in Puyallup, Washington, registered in 2020, with $5,280,120 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$5.3M
▼ 9.8% vs prior year
Expenses (FY2024)
$5.4M
Net assets
$258K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Act - A Common Thread— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Act - A Common Thread: 1 mo reserves · -2% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Act - A Common Thread— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Act - A Common Thread: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $3.2M (FY2022) to $5.3M (FY2024) across 3 reported years.
Financial snapshot
Operating margin
-1.9%
Spent more than it raised in the latest fiscal year.
Total assets
$282K
Total liabilities
$24K
Net assets
$258K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,280,120▼9.8% | $5,381,058▼9.6% | $257,778▼28.1% | $281,666▼29.2% | 990 |
| 2023 | $5,850,719▲82.1% | $5,951,319▲96.5% | $358,716▲131% | $397,975▲47.9% | 990 |
| 2022 | $3,212,929 | $3,029,276 | $155,227 | $269,119 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
4 grants to Act - A Common Thread totaling $2.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Food Lifeline | Food | 2023 | $1,282,193 |
| Food Lifeline | Food | 2022 | $791,119 |
| Food Lifeline | Food | 2021 | $530,715 |
| Food Lifeline | Food | 2020 | $6,776 |
Explore more
Data for Act - A Common Thread (EIN 85-1799580) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.