Achievement Center Endowment Fund Inc

Analysis

Achievement Center Endowment Fund Inc is a registered charity in United States, based in Monmouth, IL. It received its IRS tax-exemption ruling in October 1988, 38 years ago. 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 2024, Achievement Center Endowment Fund Inc reported income of $553k and spending of $497k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $264k to $553k (+109%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 73%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Achievement Center Endowment Fund Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Civic Youth Orchestra Inc ($553k), Grassworks Inc ($553k) and Keta Legacy Foundation ($553k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 20% of the total. At year end it held assets of $7.9m against liabilities of $0, net assets of $7.9m.