Access Audio Inc

Analysis

Access Audio Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Access Audio Inc reported income of $2.7m and spending of $2.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $973k to $2.7m (+181%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Access Audio Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include United Way of Central Missouri Inc ($2.7m), Community Foundation of Grand Forks East Grand Forks and Region ($2.7m) and National Christian Charitable Foundation Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 44% of the total. Other salaries and wages came to $677k. At year end it held assets of $958k against liabilities of $49k, net assets of $910k. It reported 10 employees.