Acorn School Inc

Analysis

Acorn School Inc is a registered charity in United States, based in Stratham, NH. It received its IRS tax-exemption ruling in April 1992, 34 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Acorn School Inc reported income of $506k and spending of $549k, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $395k to $506k (+28%), an average of +8.6% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Acorn School Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within NH. Charities of a similar size with the same main cause include Turning Point of South Arkansas Inc ($506k), Evangelical Homes of Michigan Foundation ($506k) and Oklahoma Region Volleyball Association Inc ($506k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.0% and program service revenue 85% of the total. Other salaries and wages came to $363k. At year end it held assets of $683k against liabilities of $23k, net assets of $660k. It reported 18 employees.