Ackerman Institute for the Family

Analysis

Ackerman Institute for the Family is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1987, 39 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2023, Ackerman Institute for the Family reported income of $3.8m and spending of $6.2m, spending 163% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.4m to $3.8m (-14%), an average of -3.8% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 128% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ackerman Institute for the Family sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Shadyside Hospital Foundation ($3.8m), Pemi-Baker Hospice & Home Health ($3.8m) and Autism Alliance of Michigan ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $321k (5.2% of expenses). Other salaries and wages came to $3.1m. It paid $65k in professional fundraising fees. At year end it held assets of $20.6m against liabilities of $2.4m, net assets of $18.1m. It reported 92 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.