Acld Inc

Analysis

Acld Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in June 1968, 58 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 June 2024, Acld Inc reported income of $5.4m and spending of $4.8m, spending 89% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.3m to $5.4m (+26%), an average of +4.7% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Acld Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Greater Opportunities for the Developmentally Disabled ($5.4m), House of Ruth Inc ($5.4m) and Elisha Project ($5.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $213k (4.5% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $4.3m against liabilities of $898k, net assets of $3.4m. It reported 54 employees.