Achievement House Charter School

Analysis

Achievement House Charter School is a registered charity in United States, based in Exton, PA. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Achievement House Charter School reported income of $23.5m and spending of $15.9m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.7m to $23.5m (+121%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Achievement House Charter School sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Legacy Traditional School-Surprise ($23.5m), Sewickley Academy ($23.5m) and Wichita Center for Graduate Medical Education Inc ($23.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.4% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $444k (2.8% of expenses). Other salaries and wages came to $8.1m. At year end it held assets of $34.6m against liabilities of $9.1m, net assets of $25.5m. It reported 142 employees.