Accord

Analysis

Accord is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in October 1971, 55 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Accord reported income of $21.7m and spending of $21.2m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $25.1m to $21.7m (-13%), an average of -3.5% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Accord sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Exceptional Persons Inc ($21.7m), Central Georgia Senior Health Inc ($21.7m) and United Services Inc ($21.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.1m (5.3% of expenses). Other salaries and wages came to $13.5m. At year end it held assets of $14.7m against liabilities of $6.2m, net assets of $8.5m. It reported 579 employees.