Access Laporte County Inc

Analysis

Access Laporte County Inc is a registered charity in United States, based in Michigan City, IN. It received its IRS tax-exemption ruling in July 1998, 28 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 (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 Laporte County Inc reported income of $288k and spending of $290k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $326k to $288k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2021, when income dropped by 24%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Access Laporte County Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include Troup County Center for Strategic Planning Inc ($288k), 5th Avenue and 4th Street Special Improvement District ($288k) and B O O C ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $58k (20% of expenses). Other salaries and wages came to $122k. At year end it held assets of $120k against liabilities of $0, net assets of $120k. It reported 5 employees.