Ach Landowner III

Analysis

Ach Landowner III is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ach Landowner III reported income of $161k and spending of $293k, spending 182% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $161k (-90%), an average of -43% a year. The sharpest change came in the year to December 2020, when income dropped by 84%. Over the whole period it spent 245% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ach Landowner III sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Asi Willmar Inc ($161k), Osu Folk Club Thrift Shop Inc Attn Bookkeeper ($161k) and Community Mindfulness Project Incorporated ($161k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $7.9m against liabilities of $7.9m, net assets of $45k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.