Accord Inc

Analysis

Accord Inc is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in March 2012, 14 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 December 2023, Accord Inc reported income of $145k and spending of $145k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $220k to $145k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Accord Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within CO. Charities of a similar size with the same main cause include Breaking Barriers Foundation ($145k), Memphis Coalition for Life ($145k) and Pikesville Senior Center Council ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $30k (21% of expenses). At year end it held assets of $85k against liabilities of $7,419, net assets of $77k. It reported 1 employees.