Dock Acres Inc

Analysis

Dock Acres Inc is a registered charity in United States, based in Lansdale, PA. It received its IRS tax-exemption ruling in January 1986, 40 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Dock Acres Inc reported income of $9.5m and spending of $8.6m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.6m to $9.5m (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dock Acres Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Bickerdike Redevelopment Corporation ($9.5m), Sunstone Way ($9.5m) and Hope Center Inc ($9.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 88% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $64.5m against liabilities of $36.9m, net assets of $27.5m. It reported 18 employees.