Acdi Voca
Analysis
Acdi Voca is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1966, 60 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Acdi Voca reported income of $133.4m and spending of $130.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $86.5m to $133.4m (+54%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 99% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Acdi Voca sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within DC. Charities of a similar size with the same main cause include American Committee for the Weizmann Institute of Science Inc ($130.3m), Childrens Hunger Fund ($134.2m) and International AIDS Vaccine Initiative Inc ($129.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $2.9m (2.2% of expenses). Other salaries and wages came to $32.2m. At year end it held assets of $79.6m against liabilities of $53.4m, net assets of $26.3m. It reported 202 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 3.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Committee for the Weizmann Institute of Science Inc | New York | $130.3m |
| Childrens Hunger Fund | RNCH Cascades | $134.2m |
| International AIDS Vaccine Initiative Inc | New York | $129.7m |
| Ukraine-Moldova American Enterprise Fund | Chicago | $134.5m |