Acu Foundation

Analysis

Acu Foundation is a registered charity in United States, based in Dupont, WA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Acu Foundation reported income of $178k and spending of $179k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $178k (+171%), an average of +171% a year. The sharpest change came in the year to December 2023, when income rose by 171%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Acu Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within WA. Charities of a similar size with the same main cause include Sid Weber Memorial Cancer Fund ($178k), United Way of Western Crawford Inc ($178k) and Good Bourbon for a Good Cause ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.