Acequia Institute

Analysis

Acequia Institute is a registered charity in United States, based in San Luis, CO. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 December 2022, Acequia Institute reported income of $520k and spending of $574k, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $19k to $520k (+2597%), an average of +200% a year. The sharpest change came in the year to December 2021, when income rose by 6794%. Over the whole period it spent 29% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Acequia Institute sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Dedham Visionary Access Corporation ($520k), Inpro Enterprises Inc ($520k) and Lutheran Homes Foundation ($520k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $211k. At year end it held assets of $2.5m against liabilities of $4,745, net assets of $2.5m.