Achieve Foundation of South Orange and Maplewood Inc

Analysis

Achieve Foundation of South Orange and Maplewood Inc is a registered charity in United States, based in Maplewood, NJ. It received its IRS tax-exemption ruling in January 1990, 36 years ago. 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 2024, Achieve Foundation of South Orange and Maplewood Inc reported income of $325k and spending of $367k, spending 113% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $290k to $325k (+12%), an average of +2.3% a year. The sharpest change came in the year to June 2021, when income rose by 59%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Achieve Foundation of South Orange and Maplewood Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Permian High School Band Boosters ($325k), Ivy Enrichment Foundation of Tampa Bay Inc ($325k) and Lackawanna Historical Society ($325k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $118k. At year end it held assets of $443k against liabilities of $0, net assets of $443k. It reported 4 employees.