Acorn Adoption Inc

Analysis

Acorn Adoption Inc is a registered charity in United States, based in Mandeville, LA. It received its IRS tax-exemption ruling in January 2016, 10 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 December 2023, Acorn Adoption Inc reported income of $104k and spending of $110k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $215k to $104k (-52%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 56%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Acorn Adoption Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within LA. Charities of a similar size with the same main cause include Spf-Iii-Dix ($104k), Jan Manolis Family Safe Center ($105k) and Freedom Center ($104k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $13k (11% of expenses). At year end it held assets of $117k against liabilities of $164k, net assets of -$47k. It reported 2 employees.