Access East Inc

Analysis

Access East Inc is a registered charity in United States, based in Greenville, NC. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Access East Inc reported income of $27.1m and spending of $27.5m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $16.1m to $27.1m (+68%), an average of +14% a year. The sharpest change came in the year to September 2022, when income rose by 89%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Access East Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NC. Charities of a similar size with the same main cause include Ahf Ohio Inc ($27.0m), Stony Brook Emergency Physicians University Faculty Practice Corpor ($27.1m) and Green Country Behavioral Health Services Inc ($27.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 4.4% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $233k (0.8% of expenses). Other salaries and wages came to $15.7m. At year end it held assets of $21.1m against liabilities of $11.8m, net assets of $9.3m.