Acacia Fraternity Foundation Inc

Analysis

Acacia Fraternity Foundation Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in October 1989, 37 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Acacia Fraternity Foundation Inc reported income of $3.0m and spending of $1.1m, leaving 61% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $3.0m (+148%), an average of +26% a year. The sharpest change came in the year to June 2024, when income rose by 172%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Acacia Fraternity Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Our Kids Place Country Day Inc ($3.0m), Global Village Academy Inc ($3.0m) and Valor Global Foundation ($3.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $103k. At year end it held assets of $6.2m against liabilities of $0, net assets of $6.2m. It reported 1 employees.