Project Access Inc

Analysis

Project Access Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in June 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 $146k and spending of $130k, spending 89% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $237k to $146k (-38%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 48%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Access 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 47th percentile, and in the 47th percentile within OH. Charities of a similar size with the same main cause include Kids N Culture Inc ($146k), Community Soup Kitchen of Goldsboro Inc ($146k) and Elk Rod & Gun Club Inc ($146k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $269k against liabilities of $276k, net assets of -$6,887.