Little Acorn Real Estate

Analysis

Little Acorn Real Estate is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Little Acorn Real Estate reported income of $1.6m and spending of $1.7m, spending 106% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $67k to $1.6m (+2298%), an average of +2298% a year. The sharpest change came in the year to June 2023, when income rose by 2298%. Over the whole period it spent 153% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Acorn Real Estate sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Engineers in Action ($1.6m), All Saints Episcopal School Inc ($1.6m) and Florida Board of Governors Foundation Inc ($1.6m).

At year end it held assets of $36.3m against liabilities of $37.3m, net assets of -$1.0m.