Access Family Services Inc

Analysis

Access Family Services Inc is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in January 2016, 10 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, Access Family Services Inc reported income of $928k and spending of $890k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $928k (+292%), an average of +41% a year. The sharpest change came in the year to December 2020, when income rose by 183%. 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, Access Family Services Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Abernethy Memorial Child Development Center ($928k), Meals on Wheels of Rehoboth and Lewes Inc ($929k) and New Horizons Group Homes Incorporated ($928k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $152k (17% of expenses). Other salaries and wages came to $243k. At year end it held assets of $551k against liabilities of $371k, net assets of $180k. It reported 26 employees.