Alpine Achievers Initiative

Analysis

Alpine Achievers Initiative is a registered charity in United States, based in Salida, CO. It received its IRS tax-exemption ruling in June 2016, 10 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, Alpine Achievers Initiative reported income of $3.1m and spending of $2.5m, spending 81% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $716k to $3.1m (+326%), an average of +44% a year. The sharpest change came in the year to July 2023, when income rose by 122%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alpine Achievers Initiative sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CO. Charities of a similar size with the same main cause include The Crucible ($3.1m), Aventura Community Schools ($3.1m) and Mercantile Library ($3.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $87k (3.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.2m against liabilities of $389k, net assets of $809k. It reported 99 employees.