Acacia Center for Justice

Analysis

Acacia Center for Justice is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2022, 4 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 December 2023, Acacia Center for Justice reported income of $87.6m and spending of $80.4m, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $22.5m to $87.6m (+290%), an average of +290% a year. The sharpest change came in the year to December 2023, when income rose by 290%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Acacia Center for Justice sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Urban Resource Institute ($87.4m), Hospice & Palliative Care Charlotte Region ($87.7m) and Central Boston Elder Services Inc ($86.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.1m (1.3% of expenses). Other salaries and wages came to $10.8m. At year end it held assets of $51.4m against liabilities of $41.1m, net assets of $10.4m. It reported 119 employees.