Accutran Inc

Analysis

Accutran Inc is a registered charity in United States, based in Paris, KY. It received its IRS tax-exemption ruling in November 1984, 42 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Accutran Inc reported income of $684k and spending of $569k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $592k to $684k (+15%), an average of +3.7% a year. The sharpest change came in the year to June 2020, when income rose by 70%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Accutran Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within KY. Charities of a similar size with the same main cause include Community Data Roundtable ($683k), Western Reserve Community Development Corporation ($684k) and Kalamazoo Electrical Training Alliance ($683k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $55k (9.7% of expenses). Other salaries and wages came to $342k. At year end it held assets of $909k against liabilities of $18k, net assets of $891k. It reported 34 employees.