America Achieves Inc

Analysis

America Achieves Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2010, 16 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 August 2023, America Achieves Inc reported income of $10.6m and spending of $15.9m, spending 150% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $12.1m to $10.6m (-12%), an average of -3.2% a year. The sharpest change came in the year to August 2021, when income rose by 636%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, America Achieves Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Forte Preparatory Academy Charter School ($10.6m), Passaic Hebrew Institute ($10.6m) and Learn Lonestar Education and Research Network ($10.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 97% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $1.1m (6.8% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $6.9m against liabilities of $2.5m, net assets of $4.4m. It reported 20 employees.