Access Inc

Analysis

Access Inc is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in December 1983, 43 years ago. 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 Inc reported income of $1.8m and spending of $1.9m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.8m (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Access Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Friends of Yeshiva Orot Ha Teshuba Inc ($1.8m), Tri-County Community Action Agency ($1.8m) and New Chance Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $104k (5.6% of expenses). Other salaries and wages came to $928k. At year end it held assets of $2.8m against liabilities of $140k, net assets of $2.6m. It reported 48 employees.