Achievement Rewards for College Scientists Foundation Inc

Analysis

Achievement Rewards for College Scientists Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Achievement Rewards for College Scientists Foundation Inc reported income of $587k and spending of $482k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $407k to $587k (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Achievement Rewards for College Scientists Foundation 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 73rd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Heart of Mary School ($587k), Central Cooperative Kindergarten Inc ($587k) and Utah STEM Foundation Inc ($586k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 17% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.