The Access Agency Inc

Analysis

The Access Agency Inc is a registered charity in United States, based in Willimantic, CT. It received its IRS tax-exemption ruling in June 1965, 61 years ago. 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 Access Agency Inc reported income of $16.9m and spending of $17.0m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.3m to $16.9m (+37%), an average of +8.3% a year. The sharpest change came in the year to June 2022, when income rose by 67%. 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, The Access Agency Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within CT. Charities of a similar size with the same main cause include United States Rowing Association ($16.8m), The Minute Man Arc for Human Services Inc ($16.9m) and Easter Seal Rehabilitation Center ($16.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 0.8% of the total. Other salaries and wages came to $3.2m. At year end it held assets of $5.6m against liabilities of $4.9m, net assets of $690k. It reported 118 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.