Achievers Educational Center Inc
Analysis
Achievers Educational Center Inc is a registered charity in United States, based in Bellwood, IL. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Achievers Educational Center Inc reported income of $745k and spending of $665k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $576k to $745k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 107% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Achievers Educational Center Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Read 718 ($745k), Opportunity Through Education Inc ($745k) and Ohub Foundation Inc ($745k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $74k (11% of expenses). Other salaries and wages came to $323k. At year end it held assets of $328k against liabilities of $129k, net assets of $199k. It reported 16 employees.
Income and spending
Where the income comes from
- Contributions & grants 86%
- Program services 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Read 718 | Brooklyn | $745k |
| Opportunity Through Education Inc | Selma | $745k |
| Ohub Foundation Inc | Atlanta | $745k |
| Z&y Future Foundation | Plano | $745k |