Acsi Children Education Fund Inc

Analysis

Acsi Children Education Fund Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in January 2016, 10 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 September 2023, Acsi Children Education Fund Inc reported income of $12.9m and spending of $12.6m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $7.9m to $12.9m (+63%), an average of +13% a year. The sharpest change came in the year to September 2023, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Acsi Children Education Fund Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Hospice of the Sacred Heart ($12.9m), West Suburban Y M C a ($12.9m) and Project Vida Inc ($12.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $114k (0.9% of expenses). Other salaries and wages came to $272k. At year end it held assets of $9.2m against liabilities of $8.6m, net assets of $651k.