Achievepoint Floriday Inc

Analysis

Achievepoint Floriday Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in August 2012, 14 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, Achievepoint Floriday Inc reported income of $24.0m and spending of $22.8m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.6m to $24.0m (+54%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Achievepoint Floriday Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Cambridge School of Weston Inc ($24.0m), Euclid Avenue Development Corporation ($24.0m) and United Charter High Schools ($24.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $440k (1.9% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $25.8m against liabilities of $18.5m, net assets of $7.3m. It reported 161 employees.