The Achievable Foundation

Analysis

The Achievable Foundation is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in February 1996, 30 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 June 2023, The Achievable Foundation reported income of $4.5m and spending of $4.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $4.5m (+71%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Achievable Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Damar Foundation Inc ($4.5m), West Islip Youth Enrichment Services Incorporated ($4.5m) and Nourish Now Foundation Inc ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $631k (14% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $4.2m against liabilities of $2.2m, net assets of $2.0m. It reported 37 employees.