Acp Foundation

Analysis

Acp Foundation is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Acp Foundation reported income of $167k and spending of $157k, spending 94% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $521k to $167k (-68%), an average of -32% a year. The sharpest change came in the year to December 2021, when income dropped by 77%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Acp Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Operacion Abrigo ($167k), Womens Resource Center of Southeast Kansas Inc ($167k) and Hope-In-Action Inc ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $194k against liabilities of $0, net assets of $194k.