Axess Family Services Inc

Analysis

Axess Family Services Inc is a registered charity in United States, based in Ravenna, OH. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover health care, 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 December 2023, Axess Family Services Inc reported income of $24.8m and spending of $19.4m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.0m to $24.8m (+47%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Axess Family Services Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Brainerd Medical Center Inc ($24.8m), Willamette Community Health Solutions ($24.9m) and Memorial Hospital of Boscobel ($24.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $1.1m (5.8% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $29.4m against liabilities of $5.9m, net assets of $23.5m. It reported 207 employees.