Achievekids

Analysis

Achievekids is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in March 1996, 30 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, Achievekids reported income of $11.4m and spending of $11.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.2m to $11.4m (+1.8%), an average of +0.4% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Achievekids sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Biostl ($11.4m), Allendale Columbia School ($11.4m) and Ub Associates Inc ($11.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $253k (2.3% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $10.9m against liabilities of $3.0m, net assets of $8.0m. It reported 146 employees.