Achievement Unlimited Inc

Analysis

Achievement Unlimited Inc is a registered charity in United States, based in Galesburg, IL. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Achievement Unlimited Inc reported income of $37.4m and spending of $31.9m, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $27.8m to $37.4m (+35%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Achievement Unlimited Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Housing Assistance Corporation ($37.1m), Galloway Ridge Inc ($37.4m) and Trellis Co ($37.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $16k (0.1% of expenses). Other salaries and wages came to $19.1m. At year end it held assets of $40.9m against liabilities of $13.9m, net assets of $27.0m. It reported 867 employees.