Access to Independence of Cortland County Inc

Analysis

Access to Independence of Cortland County Inc is a registered charity in United States, based in Cortland, NY. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 to Independence of Cortland County Inc reported income of $843k and spending of $735k, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $867k to $843k (-2.8%), an average of -0.7% a year. The sharpest change came in the year to September 2023, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Access to Independence of Cortland County Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Oakland Hills Caddy Scholarship Trust Oakland Hills Country Club ($843k), Aia Foundation ($843k) and Topanga Mountain School Inc ($843k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $55k (7.5% of expenses). Other salaries and wages came to $389k. At year end it held assets of $534k against liabilities of $353k, net assets of $181k. It reported 16 employees.