Project Access Inc

Analysis

Project Access Inc is a registered charity in United States, based in Orange, CA. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Project Access Inc reported income of $13.3m and spending of $13.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.9m to $13.3m (+69%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 52%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Project Access Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include National Telecommuting Institute ($13.3m), Flathead Industries ($13.3m) and Greater Lake City Alliance ($13.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $878k (6.5% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $4.0m against liabilities of $1.5m, net assets of $2.5m. It reported 206 employees.