One Acre Fund
One Acre Fund demonstrates consistent revenue growth and strong program spending with no reported officer compensation.
EIN: 203668110 · Highland Park, IL · NTEE: Q30 · Updated: 2026-03-28
Is One Acre Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
One Acre Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About One Acre Fund
One Acre Fund (EIN: 203668110) is a nonprofit organization based in Highland Park, IL, classified under NTEE code Q30. The organization reported total revenue of $250.1M and total assets of $287.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of One Acre Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates One Acre Fund with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, One Acre Fund allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
One Acre Fund consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size and suggests a strong commitment to directing funds towards its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for One Acre Fund:
- Consistent and substantial revenue growth (from $42.6M in 2014 to $246.1M in 2023).
- No reported officer compensation across all filings, indicating high mission focus.
- Strong asset growth, maintaining a healthy financial position (Assets $247.6M vs Liabilities $133.5M in 2023).
- Consistent expenditure on programs relative to total expenses, suggesting efficient use of funds.
- Positive net income in most years, contributing to asset accumulation.
Frequently Asked Questions about One Acre Fund
Is One Acre Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, One Acre Fund (EIN: 203668110) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does One Acre Fund spend its money?
One Acre Fund directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to One Acre Fund tax-deductible?
One Acre Fund is registered as a tax-exempt nonprofit (EIN: 203668110). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is One Acre Fund a good charity?
Based on the provided data, One Acre Fund appears to be a very good charity. It exhibits strong financial growth, consistent program spending, and a notable commitment to not paying officer compensation, suggesting a high dedication to its mission.
How has One Acre Fund's revenue grown over time?
One Acre Fund has experienced substantial revenue growth, increasing from $42.6 million in 2014 to $246.1 million in 2023, demonstrating a significant expansion of its operations and funding.
What is One Acre Fund's approach to executive compensation?
One Acre Fund reports 0% officer compensation in all available filings, indicating that no salaries are paid to its officers, which is a highly transparent and mission-focused approach to executive pay.
Filing History
IRS 990 filing history for One Acre Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), One Acre Fund's revenue has grown by 1263.2%, moving from $18.1M to $246.2M. Total assets increased by 1629.5% over the same period, from $14.3M to $247.6M. Total functional expenses rose by 2234.8%, from $9.7M to $227.1M. In its most recent filing year (2023), One Acre Fund reported a surplus of $19.1M, with revenue exceeding expenses. The organization holds $133.6M in liabilities against $247.6M in assets (debt-to-asset ratio: 54.0%), resulting in net assets of $114.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $246.2M | $227.1M | $247.6M | $133.6M | — | — |
| 2022 | $213.8M | $237.3M | $223.1M | $120.9M | — | View 990 |
| 2021 | $242.0M | $190.6M | $248.7M | $122.3M | — | View 990 |
| 2020 | $178.9M | $162.6M | $175.6M | $100.2M | — | — |
| 2019 | $163.5M | $142.8M | $130.3M | $67.0M | — | View 990 |
| 2018 | $131.5M | $121.7M | $115.7M | $72.9M | — | View 990 |
| 2017 | $98.2M | $98.0M | $84.6M | $50.9M | — | View 990 |
| 2016 | $79.8M | $78.9M | $53.7M | $19.5M | — | View 990 |
| 2015 | $70.9M | $59.9M | $50.8M | $16.8M | — | View 990 |
| 2014 | $42.6M | $41.2M | $30.0M | $7.2M | — | View 990 |
| 2013 | $35.6M | $28.4M | $29.1M | $7.9M | — | View 990 |
| 2012 | $24.3M | $21.2M | $16.7M | $2.3M | — | View 990 |
| 2011 | $18.1M | $9.7M | $14.3M | $2.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $246.2M, expenses of $227.1M, and assets of $247.6M (revenue +15.1% year-over-year).
- 2022: Revenue of $213.8M, expenses of $237.3M, and assets of $223.1M (revenue -11.6% year-over-year).
- 2021: Revenue of $242.0M, expenses of $190.6M, and assets of $248.7M (revenue +35.3% year-over-year).
- 2020: Revenue of $178.9M, expenses of $162.6M, and assets of $175.6M (revenue +9.4% year-over-year).
- 2019: Revenue of $163.5M, expenses of $142.8M, and assets of $130.3M (revenue +24.3% year-over-year).
- 2018: Revenue of $131.5M, expenses of $121.7M, and assets of $115.7M (revenue +33.9% year-over-year).
- 2017: Revenue of $98.2M, expenses of $98.0M, and assets of $84.6M (revenue +23.1% year-over-year).
- 2016: Revenue of $79.8M, expenses of $78.9M, and assets of $53.7M (revenue +12.5% year-over-year).
- 2015: Revenue of $70.9M, expenses of $59.9M, and assets of $50.8M (revenue +66.3% year-over-year).
- 2014: Revenue of $42.6M, expenses of $41.2M, and assets of $30.0M (revenue +19.7% year-over-year).
- 2013: Revenue of $35.6M, expenses of $28.4M, and assets of $29.1M (revenue +46.6% year-over-year).
- 2012: Revenue of $24.3M, expenses of $21.2M, and assets of $16.7M (revenue +34.5% year-over-year).
- 2011: Revenue of $18.1M, expenses of $9.7M, and assets of $14.3M.
Data Sources and Methodology
This transparency report for One Acre Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.