Access Independence Inc

Analysis

Access Independence Inc is a registered charity in United States, based in Stratford, CT. It received its IRS tax-exemption ruling in December 1986, 40 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 September 2023, Access Independence Inc reported income of $757k and spending of $751k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $481k to $757k (+57%), an average of +12% a year. The sharpest change came in the year to September 2020, when income rose by 35%. 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, Access Independence Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CT. Charities of a similar size with the same main cause include Stepping Stones Foundation Inc ($756k), Winn Area Activity Center ($757k) and Hesston Community Child Care Assn ($756k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $376k. At year end it held assets of $430k against liabilities of $198k, net assets of $231k. It reported 14 employees.