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Achieve WNC

RegisteredEIN 81-3036310Asheville, NCPoverty relief
Income$2.0m2023-06
Spending$2.0msame year
Spent / received99%5-year average
Size in its cause83rd pctPoverty relief
Exempt since2017Publicly supported organisat
Employees48latest return

Analysis

Achieve WNC is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 WNC reported income of $2.0m and spending of $2.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.0m (+36%), an average of +7.9% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Achieve WNC sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Freedom House Detroit ($2.0m), Elizabeth Coalition to House the Homeless Inc ($2.0m) and Grow Food ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $90k (4.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $202k against liabilities of $137k, net assets of $65k. It reported 48 employees.

Income and spending

$0$508k$1.0m$1.5m$2.0m2019 Income: $1,500,0792019 Spending: $1,468,62520192020 Income: $1,448,4712020 Spending: $1,420,44920202021 Income: $1,476,9932021 Spending: $1,387,61620212022 Income: $1,532,9552022 Spending: $1,593,81820222023 Income: $2,033,0092023 Spending: $2,026,6992023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Other 0.9%

Similar-sized charities, same cause

CharityLocationIncome
Freedom House DetroitDetroit$2.0m
Elizabeth Coalition to House the Homeless IncElizabeth$2.0m
Grow FoodMount Vernon$2.0m
Hands and Feet Project IncColumbia$2.0m