Achieve Miami Inc

Analysis

Achieve Miami Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in January 2017, 9 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 July 2023, Achieve Miami Inc reported income of $2.5m and spending of $2.1m, spending 85% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $1.5m to $2.5m (+68%), an average of +19% a year. The sharpest change came in the year to July 2021, when income rose by 57%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Achieve Miami Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Buffalo Go Green Inc ($2.5m), Clapham Education Group ($2.5m) and Fiddlehead School ($2.5m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $162k (7.7% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.3m against liabilities of $164k, net assets of $2.1m. It reported 207 employees.