Access Housing Inc DC

Analysis

Access Housing Inc DC is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2024, 2 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 November 2020, Access Housing Inc DC reported income of $1.4m and spending of $1.4m, spending 104% of its income. Across the 4 years on record, from November 2017 to November 2020, income fell from $1.8m to $1.4m (-26%), an average of -9.5% a year. The sharpest change came in the year to November 2019, when income dropped by 22%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Access Housing Inc DC sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 60th percentile within DC. Charities of a similar size with the same main cause include Mdbm-Epsilon Senior Housing Corporation ($1.4m), Fair Housing Council of Riverside County Inc ($1.4m) and Julie House Inc ($1.4m).

On its Form 990 for the period ending November 2020, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $74k (5.3% of expenses). Other salaries and wages came to $552k. At year end it held assets of $6.8m against liabilities of $1.9m, net assets of $4.9m. It reported 19 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.