Achieve Language Academy Building Company

Analysis

Achieve Language Academy Building Company is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Achieve Language Academy Building Company reported income of $518k and spending of $322k, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $673k to $518k (-23%), an average of -6.3% a year. The sharpest change came in the year to June 2021, when income dropped by 34%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Achieve Language Academy Building Company sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MN. Charities of a similar size with the same main cause include American Friends of Ner Yisroel Inc ($518k), Park National Bank Employees Community Service Fund ($519k) and The Im Able Foundation ($517k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.4m against liabilities of $3.5m, net assets of $914k.