The Achievement Fund Inc

Analysis

The Achievement Fund Inc is a registered charity in United States, based in Old Greenwich, CT. It received its IRS tax-exemption ruling in January 2018, 8 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 December 2023, The Achievement Fund Inc reported income of $122k and spending of $6,750, leaving 94% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $111k to $122k (+9.3%), an average of +4.6% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 8.2% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Achievement Fund Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within CT. Charities of a similar size with the same main cause include Agc of Iowa Foundation ($122k), Dougherty Valley High School Athletic Boosters Club ($122k) and Voice of the People Inc ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $684k against liabilities of $0, net assets of $684k.