Aqord

Analysis

Aqord is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in April 1959, 67 years ago. 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, Aqord reported income of $1.2m and spending of $1.1m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.2m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aqord sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Lake Eldora Racing Team Association ($1.2m), Terryville-Plymouth Day Care Center Inc ($1.2m) and JK Movement ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $380k (35% of expenses). Other salaries and wages came to $206k. At year end it held assets of $1.9m against liabilities of $136k, net assets of $1.8m. It reported 11 employees.