Project Access-Collin County

Analysis

Project Access-Collin County is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, 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, Project Access-Collin County reported income of $629k and spending of $658k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $48k to $629k (+1213%), an average of +90% a year. The sharpest change came in the year to December 2020, when income rose by 934%. Over the whole period it spent 114% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Project Access-Collin County sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Mercado on 5th Inc ($628k), Southeast Welding Center Inc ($629k) and Ulu Ae Learning Center ($628k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $87k (13% of expenses). Other salaries and wages came to $132k. At year end it held assets of $408k against liabilities of $36k, net assets of $371k. It reported 4 employees.