Student Achievement Partners Inc
Analysis
Student Achievement Partners Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2011, 15 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 December 2023, Student Achievement Partners Inc reported income of $8.9m and spending of $7.7m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.2m to $8.9m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 103% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Student Achievement Partners Inc sits at the 93rd percentile: it is larger than about 93% 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 Rit Global Delivery Corporation ($8.9m), Phoenix Counseling Center ($9.0m) and Village Preparatory School III ($8.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $555k (7.2% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $9.1m against liabilities of $302k, net assets of $8.8m. It reported 34 employees.
Income and spending
Where the income comes from
- Contributions & grants 74%
- Program services 26%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rit Global Delivery Corporation | Rochester | $8.9m |
| Phoenix Counseling Center | Gastonia | $9.0m |
| Village Preparatory School III | Cleveland | $8.9m |
| Manhattan Country School Inc | New York | $9.0m |