Achieve Employee Care Fund Inc

Analysis

Achieve Employee Care Fund Inc is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Achieve Employee Care Fund Inc reported income of $261k and spending of $303k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $551k to $261k (-53%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Achieve Employee Care Fund Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Tully After School Program Inc ($261k), Healthy Foods for Healthy Kids Inc ($261k) and Indiana Statewide Independent Living Council Inc ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $303k against liabilities of $0, net assets of $303k.