Project Access Inc

Analysis

Project Access Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in September 1991, 35 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, Project Access Inc reported income of $10.3m and spending of $10.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.6m to $10.3m (+84%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Project Access Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include San Ramon Valley School Age Child Care Alliance Inc ($10.3m), Community Skilled Nursing Centre ($10.3m) and Morris Habitat for Humanity ($10.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $438k (4.4% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $6.5m against liabilities of $1.5m, net assets of $5.0m. It reported 86 employees.