Acld Foundation Inc

Analysis

Acld Foundation Inc is a registered charity in United States, based in Bethpage, NY. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Acld Foundation Inc reported income of $1.0m and spending of $921k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $786k to $1.0m (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Acld Foundation Inc 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 79th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include New York State Amateur Hockey Association Inc ($1.0m), Waset Inc ($1.0m) and International Association for Property and Evidence Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $216k. At year end it held assets of $2.5m against liabilities of $571k, net assets of $1.9m. It reported 5 employees.