Good Acre

Analysis

Good Acre is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Good Acre reported income of $2.1m and spending of $2.3m, spending 106% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $952k to $2.1m (+125%), an average of +18% a year. The sharpest change came in the year to December 2019, when income rose by 207%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good Acre sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Gideons Promise Inc ($2.1m), Adams County Mental Health and Retardation Association Inc ($2.1m) and Snyder Senior Care Foundation Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $120k (5.3% of expenses). Other salaries and wages came to $825k. At year end it held assets of $1.1m against liabilities of $221k, net assets of $902k. It reported 20 employees.