Achieve Hartford Inc

Analysis

Achieve Hartford Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Hartford Inc reported income of $461k and spending of $392k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $598k to $461k (-23%), an average of -6.3% a year. The sharpest change came in the year to June 2023, when income dropped by 23%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Achieve Hartford Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within CT. Charities of a similar size with the same main cause include San Joaquin County Office of Education Educational Foundation ($461k), Family Support Network ($461k) and Thousand Waves Foundation ($461k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $157k (40% of expenses). Other salaries and wages came to $40k. At year end it held assets of $287k against liabilities of $3,466, net assets of $283k. It reported 3 employees.