Achim Inc

Analysis

Achim Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Achim Inc reported income of $221k and spending of $247k, spending 112% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $235k to $221k (-6.1%), an average of -3.1% a year. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Achim 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 56th percentile, and in the 56th percentile within MD. Charities of a similar size with the same main cause include Ancient Paths Inc ($221k), First Response Ministry Inc ($221k) and Redeemed Outreach Community Development Corporation ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $143k (58% of expenses). Other salaries and wages came to $4,800. At year end it held assets of $92k against liabilities of $3,659, net assets of $88k. It reported 3 employees.