Accord Network

Analysis

Accord Network is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1980, 46 years ago. 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, Accord Network reported income of $489k and spending of $555k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $474k to $489k (+3.1%), an average of +0.8% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Accord Network sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 43rd percentile within DC. Charities of a similar size with the same main cause include United Church Residences of Clarksdale Mississippi Inc ($489k), Tin Can Sailors Inc ($489k) and Central Aroostook County Emergency Medical Services Authority ($488k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $215k (39% of expenses). At year end it held assets of $310k against liabilities of $5,644, net assets of $304k. It reported 1 employees.