Acorn Hill School Incorporated

Analysis

Acorn Hill School Incorporated is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in February 1978, 48 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Acorn Hill School Incorporated reported income of $1.3m and spending of $1.2m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.3m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Acorn Hill School Incorporated sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MD. Charities of a similar size with the same main cause include Merrimack Valley Islamic Academy Inc ($1.3m), Cambridge Athletic Association Inc ($1.3m) and Archway Academy ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.1% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $204k (17% of expenses). Other salaries and wages came to $521k. At year end it held assets of $2.7m against liabilities of $307k, net assets of $2.4m. It reported 33 employees.