Rensselaer Acacia Corporation

Analysis

Rensselaer Acacia Corporation is a registered charity in United States, based in Fort Mill, SC. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Rensselaer Acacia Corporation reported income of $140k and spending of $79k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $140k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rensselaer Acacia Corporation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 51st percentile within SC. Charities of a similar size with the same main cause include Texas High School Welding Series Inc ($140k), Monte Vista High School Keynoters ($140k) and Youth Dance and Enrichment ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $459k against liabilities of $31k, net assets of $428k.