Power Access Inc

Analysis

Power Access Inc is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 February 2024, Power Access Inc reported income of $247k and spending of $250k, spending 101% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $196k to $247k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Power Access Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Titusville Health Services Inc ($247k), Ohio Medical Aid Services ($247k) and Mni Wichoni Health Circle ($247k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $64k against liabilities of $34k, net assets of $30k.