Achievement Rewards for College Scientists Foundation Inc

Analysis

Achievement Rewards for College Scientists Foundation Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Achievement Rewards for College Scientists Foundation Inc reported income of $758k and spending of $495k, leaving 35% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $440k to $758k (+72%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 100%. Over the whole period it spent 69% 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 Scientists Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within AZ. Charities of a similar size with the same main cause include Convivial Learning Inc ($758k), Isothermal Community College Foundation Inc ($759k) and Pipeliners Voluntary Fund ($758k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% of the total. At year end it held assets of $3.4m against liabilities of $7,252, net assets of $3.3m.