Community Access to the Arts Inc

Analysis

Community Access to the Arts Inc is a registered charity in United States, based in GT Barrington, MA. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Community Access to the Arts Inc reported income of $2.7m and spending of $2.1m, leaving 20% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $3.4m to $2.7m (-21%), an average of -5.8% a year. The sharpest change came in the year to August 2021, when income dropped by 50%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Access to the Arts Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Snohomish County Council of the Society of St Vincent de Paul ($2.7m), Feeding Alabama ($2.7m) and Arc Property Management LLC ($2.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 85% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $170k (8.0% of expenses). Other salaries and wages came to $978k. At year end it held assets of $6.8m against liabilities of $46k, net assets of $6.8m. It reported 37 employees.