Achievement Rewards for College Scients Foundation Inc

Analysis

Achievement Rewards for College Scients Foundation Inc is a registered charity in United States, based in Lagrange, GA. It received its IRS tax-exemption ruling in November 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Achievement Rewards for College Scients Foundation Inc reported income of $2.5m and spending of $341k, leaving 86% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $334k to $2.5m (+641%), an average of +95% a year. The sharpest change came in the year to June 2023, when income rose by 710%. Over the whole period it spent 31% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Achievement Rewards for College Scients Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include Patty Hanks Shelton School of Nursing ($2.5m), Silicon Valley Academy Project ($2.5m) and Togethered Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 2.8% of the total. At year end it held assets of $5.0m against liabilities of $36k, net assets of $5.0m.