Access Group Loan Reserve Trust I 51529-000

Analysis

Access Group Loan Reserve Trust I 51529-000 is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Access Group Loan Reserve Trust I 51529-000 reported income of $429k and spending of $18k, leaving 96% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $2,207 to $429k (+19336%), an average of +479% a year. The sharpest change came in the year to March 2021, when income rose by 22070%. Over the whole period it spent 8.7% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Access Group Loan Reserve Trust I 51529-000 sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 62nd percentile within DE. Charities of a similar size with the same main cause include Friends of RCQ Inc ($429k), Willow Oak Montessori Childrens House Inc ($429k) and Generations Matter Early Learning Center ($429k).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $18k (100% of expenses). At year end it held assets of $1.6m against liabilities of $4,375, net assets of $1.6m.