Access Group Inc

Analysis

Access Group Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Access Group Inc reported income of $18.9m and spending of $17.7m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.1m to $18.9m (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Access Group Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within AR. Charities of a similar size with the same main cause include Syracuse Arts Academy Inc ($18.9m), Live Oak a Learning Center for Children ($19.0m) and Krell Institute Inc ($18.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $303k (1.7% of expenses). Other salaries and wages came to $12.7m. At year end it held assets of $14.5m against liabilities of $5.2m, net assets of $9.3m. It reported 416 employees.