Accessible Residences Inc

Analysis

Accessible Residences Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Accessible Residences Inc reported income of $82k and spending of $152k, spending 186% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $94k to $82k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2021, when income dropped by 40%. Over the whole period it spent 173% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Accessible Residences Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Belmeno Hope Harbor Housing ($82k), Gibb Springfield Village Inc ($82k) and Affordable Senior Housing of Westhampton Inc ($82k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $393k against liabilities of $255k, net assets of $139k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.