Ohio Achievement Charter Schools

Analysis

Ohio Achievement Charter Schools is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in November 1999, 27 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 June 2023, Ohio Achievement Charter Schools reported income of $5.4m and spending of $5.6m, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $5.9m to $5.4m (-9.5%), an average of -3.3% a year. The sharpest change came in the year to June 2021, when income dropped by 16%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ohio Achievement Charter Schools sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Mosdos Sanz of Monsey ($5.4m), South Carolina First Steps to School Readiness Board of Trustees ($5.4m) and College Bound Academy Inc ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $90k (1.6% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m. It reported 64 employees.