Accesslex Institute

Analysis

Accesslex Institute is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 March 2023, Accesslex Institute reported income of $77.9m and spending of $76.5m, spending 98% of its income. Across the 4 years on record, from March 2020 to March 2023, income fell from $153.3m to $77.9m (-49%), an average of -20% a year. The sharpest change came in the year to March 2021, when income dropped by 38%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Accesslex Institute sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include International Centre for Diarrhoeal Disease Research Bangladesh ($77.3m), Rosecrance Inc ($78.0m) and Tri-County Community Action Agency Inc ($77.1m).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 84% of the total. Compensation of current officers, directors and key employees was $3.1m (4.1% of expenses). Other salaries and wages came to $6.7m. At year end it held assets of $1.82bn against liabilities of $1.01bn, net assets of $813.5m. It reported 140 employees.