Carolina Achieve Inc

Analysis

Carolina Achieve Inc is a registered charity in United States, based in Mebane, NC. It received its IRS tax-exemption ruling in August 2023, 3 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 2024, Carolina Achieve Inc reported income of $57k and spending of $23k, leaving 59% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $159k to $57k (-64%), an average of -64% a year. The sharpest change came in the year to June 2024, when income dropped by 64%. 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, Carolina Achieve Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include Cape Ann Plein Air Inc ($57k), Ptsa Connecticut Inc ($57k) and South Forsyth Rotary Charities Inc ($57k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.