Acorn Fund Inc

Analysis

Acorn Fund Inc is a registered charity in United States, based in Thomasville, GA. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Acorn Fund Inc reported income of $98k and spending of $85k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $323k to $98k (-70%), an average of -26% a year. The sharpest change came in the year to December 2023, when income rose by 133%. Over the whole period it spent 70% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Acorn Fund Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within GA. Charities of a similar size with the same main cause include Star Supermarket & Discount Pharmacy Charity Golf Classic Inc ($98k), Project Prakash Foundation ($98k) and The Stewardship Foundation Inc ($98k).

At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.