Acheinu Foundation Inc

Analysis

Acheinu Foundation Inc is a registered charity in United States, based in Valley VLG, CA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Acheinu Foundation Inc reported income of $278k and spending of $135k, leaving 52% of income unspent that year. Across the 2 years on record, from December 2019 to December 2021, income fell from $611k to $278k (-54%), an average of -54% a year. The sharpest change came in the year to December 2021, when income dropped by 54%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Acheinu Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include PLR Inc ($278k), Wheel Fun ($278k) and Rockwall and Heath Lacrosse Inc ($278k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $63k (47% of expenses). At year end it held assets of $7,813 against liabilities of $6,058, net assets of $1,755. It reported 2 employees.