Overview
What is One Acre Fund?
One Acre Fund is a humanitarian organization headquartered in Highland Park, Illinois, with a significant presence in Africa. Founded in 2006, it began by aiding 40 farming families and has since expanded to support over 1.5 million farmers as of 2022. The organization's mission is to empower chronically hungry farm families in Africa, enabling them to rise above hunger and poverty. One Acre Fund achieves its goal by collaborating with self-help groups in rural areas, focusing on the most severely affected communities. The organization's efforts include teaching more productive farming methods to help farmers increase their yields and improve their livelihoods. As of December 31, 2022, One Acre Fund has reached over 8.1 million people through these initiatives.
Official website here: www.oneacrefund.org
What are the reviews and ratings of this charity?
93% Rating on Charity Navigator
One Acre Fund has earned a Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in Accountability & Finance. With an impressive score of 93, the organization demonstrates solid management practices, including a high percentage of independent board members and a strong financial oversight structure. The charity's fiscal responsibility is highlighted by its low liabilities to assets ratio and a program expense ratio of 94.22%, indicating that a significant portion of funds directly supports its mission.
User feedback largely praises One Acre Fund for its practical and sustainable approach in aiding small-scale farmers, particularly in improving agricultural practices and food security. Donors appreciate the organization’s commitment to transparency, with regular updates and reports that detail both financial and programmatic outcomes. The educational aspect of the charity's work, which empowers farmers to become self-sufficient, resonates strongly with supporters.
However, not all feedback is entirely positive. Some users have expressed concerns about compensation for staff, suggesting that salaries do not meet expectations for a nonprofit organization. Despite this criticism, the overall sentiment remains favorable, with many supporters expressing pride in their contributions and admiration for the transformative impact of the organization's programs on communities.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is One Acre Fund legitimate?
One Acre Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. One Acre Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $769,593
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,483,164
For more financial information, click here
Official website here: www.oneacrefund.org
What is the mission statement of One Acre Fund?
One Acre Fund is a non-profit organization dedicated to helping chronically hungry farm families in Africa lift themselves out of poverty. Through collaborations with self-help groups in rural villages, the organization reaches the most severely affected individuals and teaches them more productive farming methods to eliminate hunger. Founded in 2006, One Acre Fund has grown to serve over 1,588,000 farmers across Africa as of December 31, 2022. By empowering these families, the organization has positively impacted over 8.1 million people.
Official website here: www.oneacrefund.org
Who is the CEO of One Acre Fund?
Andrew Youn is the Executive Director of One Acre Fund.
Official website here: www.oneacrefund.org
What is the revenue of One Acre Fund?
One Acre Fund's revenue in 2022 was $213,816,167.
Official website here: www.oneacrefund.org
Who are the executives of One Acre Fund and what are their salaries?
The average compensation at One Acre Fund during 2022 was $380,586. There are 90 employees and 7 volunteers at One Acre Fund.
Here are 16 key members and their salaries:
- Compensation: $197,159
- Related: $0
- Other: $13,221
- Compensation: $169,491
- Related: $0
- Other: $32,315
- Compensation: $152,965
- Related: $0
- Other: $30,265
- Compensation: $181,380
- Related: $0
- Other: $0
- Compensation: $169,605
- Related: $0
- Other: $4,572
- Compensation: $156,122
- Related: $0
- Other: $3,500
- Compensation: $156,453
- Related: $0
- Other: $2,532
- Compensation: $114,450
- Related: $0
- Other: $26,865
- Compensation: $127,716
- Related: $0
- Other: $800
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.oneacrefund.org
Where can I find the form 990 for One Acre Fund?
One Acre Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oneacrefund.org
Learn more at the official website: www.oneacrefund.org
Mission Statement of One Acre Fund
One Acre Fund, a nonprofit organization, is dedicated to empowering chronically hungry farm families in Africa to lift themselves out of hunger and poverty. This is accomplished by collaborating with self-help groups in rural villages to deliberately reach those most affected. The organization's mission began in 2006 with just 40 farm families, but as of December 31, 2022, it has expanded its reach to over 1,588,000 farmers across Africa. By teaching more productive farming methods and helping eliminate hunger, One Acre Fund has impacted over 8.1 million people within these families. Through this mission, the organization aims to provide a sustainable solution to food insecurity and poverty in Africa.
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Impact
October, 2024
One Acre Fund empowers chronically hungry farm families in Africa to lift themselves out of hunger and poverty. Since its inception in January 2006, it has expanded from working with just 40 farm families to serving over 1,588,000 farmers by the end of 2022. This organization teaches more productive farming methods, significantly impacting the lives of approximately 8.1 million individuals within those families.
By focusing on self-help groups in rural villages, One Acre Fund deliberately targets the most severely hunger-affected populations. Their comprehensive approach not only enhances agricultural productivity but also fosters community resilience and economic stability, ultimately transforming the livelihoods of farmers and their families.
This information is meant to be a general summary of One Acre Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $142,724
- Program Service Revenue: $137,372,325
- Gross Receipts: $225,975,212
Assets and Liabilities:
- Total Assets: $223,099,275
- Total Liabilities: $120,874,401
- Net Assets: $102,224,874
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$94,355,552
SEED AND FERTILIZER SALES
Revenue
$43,016,773
Organization Details
Founding Year
2005
Phone
(202) 744-9613Principal Officer
Andrew Youn
Main Address
1954 First Street SUITE 183, Highland Park, IL, 60035
Website
www.oneacrefund.orgNTEE Category
Code: Q30 - International
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