Achieva Resources Corporation Inc

Analysis

Achieva Resources Corporation Inc is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in April 1957, 69 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Achieva Resources Corporation Inc reported income of $599k and spending of $723k, spending 121% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $684k to $599k (-12%), an average of -4.4% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Achieva Resources Corporation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IN. Charities of a similar size with the same main cause include California Service Dog Academy ($599k), Think Big Foundation of Missouri Inc ($599k) and Native Dads Network ($599k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $81k (11% of expenses). Other salaries and wages came to $159k. At year end it held assets of $3.2m against liabilities of $15k, net assets of $3.2m. It reported 7 employees.