Ace Overcomers of Merced County

Analysis

Ace Overcomers of Merced County is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ace Overcomers of Merced County reported income of $524k and spending of $569k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $232k to $524k (+126%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ace Overcomers of Merced County sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include The Foundation of Cancer Specialist Inc ($524k), Sankofa Safe Child Initiative Inc ($524k) and Village Daycare Inc ($524k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Other salaries and wages came to $275k. At year end it held assets of $103k against liabilities of $41k, net assets of $61k. It reported 4 employees.