Achievement First Rhode Island
470 James Street Ste 007, New Haven, CT · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $70,976,598 | $65,787,377 | $24,170,590 |
| FY2024 | $65,360,585 | $58,978,425 | $18,981,369 |
| FY2023 | $53,387,295 | $49,565,874 | $12,599,209 |
| FY2022 | $43,534,059 | $42,905,154 | $8,777,788 |
| FY2021 | $34,238,868 | $28,500,972 | $8,148,883 |
| FY2020 | $24,759,125 | $24,585,613 | $2,410,987 |
| FY2019 | $19,491,830 | $19,236,974 | $2,237,475 |
| FY2018 | $16,256,869 | $16,207,891 | $1,982,619 |
| FY2017 | $12,517,541 | $12,558,842 | $1,933,641 |
| FY2016 | $9,921,145 | $10,126,600 | $1,974,942 |
| FY2015 | $6,233,773 | $5,866,613 | $2,180,397 |
| FY2014 | $5,746,988 | $3,933,751 | $1,813,237 |
| FY2013 | $0 | $0 | $0 |
Form 990 filings
The returns filed by Achievement First Rhode Island (EIN 46-1986417), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $1,806,521 | 3% |
| Program service revenue | $68,315,590 | 96% |
| Other revenue | $854,487 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $60,975,380 | 93% |
| Management & general | $4,811,997 | 7% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 96% of total revenue in FY2025.
- Program services accounted for 93% of functional expenses, management & general 7%, and fundraising 0%.
- 93% of functional expenses went to program services in FY2025. That is higher than 92.4% of 79 Education organizations in CT.
- Net assets covered about 4.4 months of expenses at the end of the reporting year. That puts it in the 17th percentile among 838 Education organizations in CT.
- Total revenue was higher than 97.8% of 850 Education organizations in CT.
- Total revenue rose from $0 in FY2013 to $70,976,598 in FY2025. Revenue increased in 12 and decreased in 0 of 12 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 13 reported years (FY2016, FY2017).
- Net assets grew from $0 to $24,170,590 between FY2013 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE MISSION OF ACHIEVEMENT FIRST RHODE ISLAND IS TO STRENGTHEN THE ACADEMIC AND CHARACTER SKILLS NEEDED FOR ALL STUDENTS TO EXCEL IN TOP-TIER COLLEGES, TO ACHIEVE SUCCESS IN A COMPETITIVE WORLD AND TO SERVE AS THE NEXT GENERATION OF LEADERS IN THEIR COMMUNITIES.
IRS status
| Ruling year | 2014 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B29 — Education (in CT) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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