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Accessible Space Inc

RegisteredEIN 41-1330242Saint Paul, MNPoverty relief
Income$30.0m2023-12
Spending$29.7msame year
Spent / received98%5-year average
Size in its cause98th pctPoverty relief
Exempt since1981Publicly supported organisat
Employees855latest return

Analysis

Accessible Space Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in March 1981, 45 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, Accessible Space Inc reported income of $30.0m and spending of $29.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $24.5m to $30.0m (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Accessible Space Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include Southeastern Guide Dogs Inc ($30.0m), St James Place of Baton Rouge ($30.1m) and Father Flanagans Fund for Needy Children ($30.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 79% of the total. Other salaries and wages came to $21.4m. At year end it held assets of $40.4m against liabilities of $17.7m, net assets of $22.7m. It reported 855 employees.

Income and spending

$0$7.5m$15.0m$22.5m$30.0m2019 Income: $24,471,0462019 Spending: $23,507,76920192020 Income: $20,685,2312020 Spending: $20,240,27720202021 Income: $21,720,6302021 Spending: $21,312,15120212022 Income: $27,061,4682022 Spending: $26,597,01320222023 Income: $30,017,7322023 Spending: $29,658,7912023
IncomeSpending

Where the income comes from

  • Contributions & grants 0.5%
  • Program services 79%
  • Other 20%

Similar-sized charities, same cause

CharityLocationIncome
Southeastern Guide Dogs IncPalmetto$30.0m
St James Place of Baton RougeBaton Rouge$30.1m
Father Flanagans Fund for Needy ChildrenBoys Town$30.0m
Center for Aging IncFreehold$30.1m