Achievement Rewards for College Scientists Foundation Inc

Analysis

Achievement Rewards for College Scientists Foundation Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 1973, 53 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, Achievement Rewards for College Scientists Foundation Inc reported income of $1.2m and spending of $1.6m, spending 131% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.4m to $1.2m (-12%), an average of -2.6% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Achievement Rewards for College Scientists Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include John M Eagleson Jr Institute ($1.2m), McClain Inc ($1.2m) and Guitars for Vets ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 72% of the total. Other salaries and wages came to $189k. At year end it held assets of $11.1m against liabilities of $1.2m, net assets of $9.9m. It reported 2 employees.