Access Frankfort Inc

Analysis

Access Frankfort Inc is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in February 1986, 40 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Access Frankfort Inc reported income of $208k and spending of $273k, spending 131% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $276k to $208k (-25%), an average of -9.0% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Access Frankfort Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within KY. Charities of a similar size with the same main cause include Gods Storehouse Soup Kitchen ($208k), Clallam Mosaic ($208k) and Refuge Pregnancy Center Inc ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $169k. At year end it held assets of $293k against liabilities of $166k, net assets of $127k. It reported 17 employees.