Achieveability

Analysis

Achieveability is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 1986, 40 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2022, Achieveability reported income of $843k and spending of $2.4m, spending 285% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income fell from $1.7m to $843k (-51%), an average of -21% a year. The sharpest change came in the year to June 2022, when income dropped by 67%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Achieveability sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Western N C Housing Partnership Inc ($842k), Frontier Housing Corporation ($843k) and Elite Choice Properties Inc ($842k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 350% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $142k (5.9% of expenses). Other salaries and wages came to $674k. It paid $20k in professional fundraising fees. At year end it held assets of $2.2m against liabilities of $426k, net assets of $1.8m. It reported 89 employees.