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Accessability Inc

RegisteredEIN 41-0735909Minneapolis, MNCommunity and economic development
Income$3.9m2023-12
Spending$3.6msame year
Spent / received89%5-year average
Size in its cause90th pctCommunity and economic development
Exempt since1957Publicly supported organisat
Employees53latest return

Analysis

Accessability Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 1957, 69 years ago. Its declared purposes cover employment, 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, Accessability Inc reported income of $3.9m and spending of $3.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.0m to $3.9m (-4.3%), an average of -1.1% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Accessability 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 91st percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include Grace Institute of New York Inc ($3.9m), Business Outreach Center Network Inc ($3.9m) and Well Coffeehouse ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $260k (7.2% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $4.7m against liabilities of $1.3m, net assets of $3.4m. It reported 53 employees.

Income and spending

$0$1.1m$2.2m$3.3m$4.4m2019 Income: $4,033,6392019 Spending: $4,152,04620192020 Income: $3,173,2682020 Spending: $2,897,07620202021 Income: $4,406,6302021 Spending: $3,406,60020212022 Income: $4,413,3302022 Spending: $3,555,59020222023 Income: $3,858,4212023 Spending: $3,630,3642023
IncomeSpending

Where the income comes from

  • Contributions & grants 8.0%
  • Program services 90%
  • Other 1.8%

Similar-sized charities, same cause

CharityLocationIncome
Grace Institute of New York IncNew York$3.9m
Business Outreach Center Network IncBrooklyn$3.9m
Well CoffeehouseNashville$3.8m
Masshire North Central Workforce Board IncLeominster$3.9m