Achievement Rewards for College

Analysis

Achievement Rewards for College is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 1978, 48 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 June 2023, Achievement Rewards for College reported income of $592k and spending of $370k, leaving 38% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $422k to $592k (+40%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 122%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Achievement Rewards for College sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include Ambleside of Marion NFP ($592k), Hardin Community School ($592k) and Southern California State University ($592k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.