Accountability Lab Inc

Analysis

Accountability Lab Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2013, 13 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, Accountability Lab Inc reported income of $5.4m and spending of $5.2m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $5.4m (+381%), an average of +48% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Accountability Lab Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 81st percentile within DC. Charities of a similar size with the same main cause include Covenant House Michigan ($5.4m), Psa Housing & Assisted Living Inc ($5.4m) and Masonic Home and School of Texas ($5.4m).

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 $371k (7.1% of expenses). Other salaries and wages came to $512k. At year end it held assets of $1.3m against liabilities of $84k, net assets of $1.2m. It reported 11 employees.