Acres Inc

Analysis

Acres Inc is a registered charity in United States, based in Huntertown, IN. It received its IRS tax-exemption ruling in August 1961, 65 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 June 2023, Acres Inc reported income of $5.3m and spending of $1.2m, leaving 77% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $5.3m (+221%), an average of +34% a year. The sharpest change came in the year to June 2023, when income rose by 221%. Over the whole period it spent 45% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Acres Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include Safe Water Network ($5.2m), Global Water Challenge ($5.3m) and Botanica Inc ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $148k (12% of expenses). Other salaries and wages came to $406k. At year end it held assets of $37.6m against liabilities of $84k, net assets of $37.5m. It reported 14 employees.