Achieve Twin Cities

Analysis

Achieve Twin Cities is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in July 1982, 44 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Achieve Twin Cities reported income of $12.0m and spending of $8.2m, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $12.0m (+243%), an average of +36% a year. The sharpest change came in the year to June 2020, when income rose by 133%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Achieve Twin Cities 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 96th percentile, and in the 95th percentile within MN. Charities of a similar size with the same main cause include West Side Center for Community Life Inc ($12.0m), Network for Teaching Entrepreneurship ($12.1m) and Schools Out Washington ($12.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $321k (3.9% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $13.4m against liabilities of $807k, net assets of $12.6m. It reported 71 employees.