Accessability Inc
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
Where the income comes from
- Contributions & grants 8.0%
- Program services 90%
- Other 1.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Grace Institute of New York Inc | New York | $3.9m |
| Business Outreach Center Network Inc | Brooklyn | $3.9m |
| Well Coffeehouse | Nashville | $3.8m |
| Masshire North Central Workforce Board Inc | Leominster | $3.9m |