Equul Access Inc

Analysis

Equul Access Inc is a registered charity in United States, based in Hutchinson, MN. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Equul Access Inc reported income of $62k and spending of $91k, spending 147% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $62k (+2.9%), an average of +2.9% a year. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Equul Access Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include Knox County Life Enrichment Foundation Inc ($62k), Sharing Jesus with the Jamaicans Inc ($62k) and Al Karim Foundation ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $36k against liabilities of $8,988, net assets of $27k.