The Acorn School for Early Childhood Development

Analysis

The Acorn School for Early Childhood Development is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, The Acorn School for Early Childhood Development reported income of $2.7m and spending of $2.4m, spending 90% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.8m to $2.7m (+50%), an average of +11% a year. The sharpest change came in the year to August 2021, when income rose by 39%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Acorn School for Early Childhood Development sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Lopez Island Family Resource Center ($2.6m), Agape Food Rescue Inc ($2.7m) and King Highland Community Redevelopment Corporation ($2.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $114k (4.8% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.7m against liabilities of $650k, net assets of $3.1m. It reported 54 employees.