Uncategorized IRS Verified DX Registered 990 on File

ANDOVER COMMITTEE FOR A BETTER CHANCE INC

EIN: 04-6152382 · ANDOVER, MA 01810-0004 · United States · FY 2024 Data

3 out of 5 58 / 100 Based on 2+ years of filings

Financial strength (30%) 93/100

Reliability (20%) 55/100

Effectiveness (25%) 77/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

To reduce inequity in education by providing young talented scholars of color with academic and leadership opportunities.

Financial Overview — FY 2024

$268K

Total Revenue

$216K

Total Expenses

$1.1M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 89.4%

Fundraising Efficiency 19.8%

Operating Reserve 63.51x

Liability-to-Asset 0.3%

Revenue Diversification 57.9%

Executive Compensation $0

Compared with Peers

Peer comparison is not available for this organization.

Financial History

Year	Revenue	Expenses	Net Assets	Program %
2024	$268K	$216K	$1.1M	89.4%
2023	$263K	$225K	$1.1M	88.4%
2022	$149K	$195K	N/A	—

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Organization Details

EIN: 04-6152382
State: MA
City: ANDOVER
ZIP: 01810-0004
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1967
Foundation Code: 16
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
An organization that is not in good standing with its registry (for example a revoked tax exemption) is shown as Not rated.
"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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