Access to Independence Inc

Analysis

Access to Independence Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in July 1976, 50 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, Access to Independence Inc reported income of $1.9m and spending of $1.9m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.9m (+62%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Access to Independence Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include Helping Services for Youth & Families Inc ($1.9m), Haven at First & Market Inc ($1.9m) and Cadillac Area Young Mens Christian Association ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $89k (4.6% of expenses). Other salaries and wages came to $619k. At year end it held assets of $396k against liabilities of $248k, net assets of $148k. It reported 18 employees.