Access Independence Inc

Analysis

Access Independence Inc is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in September 1986, 40 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 June 2023, Access Independence Inc reported income of $816k and spending of $764k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $587k to $816k (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Access Independence Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include International Association for Great Lakes Research-Michigan ($816k), Saint Francis Medical Center Foundation ($817k) and Southwestern Community College Education Foundation ($816k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 18% of the total. Other salaries and wages came to $432k. At year end it held assets of $1.6m against liabilities of $810k, net assets of $792k. It reported 14 employees.