Cincinnati Achievement Academy

Analysis

Cincinnati Achievement Academy is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cincinnati Achievement Academy reported income of $2.8m and spending of $2.6m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $2.8m (+95%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cincinnati Achievement Academy 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 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Accrediting Council for Continuing Education & Training Inc ($2.8m), Young Peoples Project Inc ($2.8m) and Virginia Mason Institute ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.6m against liabilities of $2.4m, net assets of -$763k.