Acacia Network Inc

Analysis

Acacia Network Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Acacia Network Inc reported income of $88k and spending of $421k, spending 477% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $24k to $88k (+270%), an average of +39% a year. The sharpest change came in the year to December 2021, when income rose by 3467%. Over the whole period it spent 166% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Acacia Network Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Brazosport Medical Center Inc ($88k), Pregnancy Center of Meadville Inc ($88k) and East Bay Center for the Blind Inc ($88k).

At year end it held assets of $3.0m against liabilities of $5.6m, net assets of -$2.6m.

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.