Pennsylvania Acacia Insurance Company Ltd

Analysis

Pennsylvania Acacia Insurance Company Ltd is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pennsylvania Acacia Insurance Company Ltd reported income of $327k and spending of $12k, leaving 96% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $744k to $327k (-56%), an average of -19% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 15% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pennsylvania Acacia Insurance Company Ltd sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 56th percentile within VT. Charities of a similar size with the same main cause include Nova Arts Foundation Inc ($327k), St Croix Kids Early Childhood Center ($327k) and New Community Roseville Towers Housing Corp ($327k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 7.6% of the total. At year end it held assets of $16.4m against liabilities of $545k, net assets of $15.9m.