Achievement Trust

Analysis

Achievement Trust is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 1982, 44 years ago. 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 May 2024, Achievement Trust reported income of $130k and spending of $129k, spending 100% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $120k to $130k (+7.9%), an average of +1.9% a year. The sharpest change came in the year to May 2022, when income rose by 36%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Achievement Trust sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($130k), USA Track & Field Inc ($130k) and Valley Toys and Joys Charitable Foundation ($130k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 6.2% and program service revenue 54% of the total. At year end it held assets of $342k against liabilities of $68k, net assets of $273k.