Acadia Capital Management LLC

Analysis

Acadia Capital Management LLC is a registered charity in United States, based in Bangor, ME. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Acadia Capital Management LLC reported income of $62k and spending of $59k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $75k to $62k (-18%), an average of -9.3% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 60% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Acadia Capital Management LLC sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 17th percentile within ME. Charities of a similar size with the same main cause include Detroit Regional LGBT Chamber Fund Inc ($62k), Westwego Civic Association ($62k) and Historic Irvington Community Council Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.