Achievepoint Career Academy - Cincinnati

Analysis

Achievepoint Career Academy - Cincinnati is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in November 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, Achievepoint Career Academy - Cincinnati reported income of $2.2m and spending of $2.3m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $618k to $2.2m (+250%), an average of +37% a year. The sharpest change came in the year to June 2021, when income rose by 97%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Achievepoint Career Academy - Cincinnati 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 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Finger Lakes Library Systems ($2.2m), Vt-Hec Inc ($2.2m) and American Friends of Dbi Inc ($2.2m).

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 $747k against liabilities of $889k, net assets of -$142k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.