Acca Inc

Analysis

Acca Inc is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in March 1985, 41 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Acca Inc reported income of $2.8m and spending of $2.6m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.8m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Acca Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within AK. Charities of a similar size with the same main cause include Logan County Paramedic Association Inc ($2.8m), Hope House Inc ($2.8m) and Easter Seals North Texas Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $185k (7.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.0m against liabilities of $392k, net assets of $2.6m. It reported 28 employees.