Achievement Center for Children

Analysis

Achievement Center for Children is a registered charity in United States, based in Westlake, OH. It received its IRS tax-exemption ruling in August 1951, 75 years ago. 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 June 2023, Achievement Center for Children reported income of $11.1m and spending of $12.2m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.6m to $11.1m (+4.5%), an average of +1.1% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Achievement Center for Children sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include Family Resources Inc ($11.1m), Holy Redeemer Home Care Inc ($11.1m) and Yolo Hospice Inc ($11.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $385k (3.2% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $24.6m against liabilities of $1.1m, net assets of $23.5m. It reported 294 employees.