Accent Pontiac Inc

Analysis

Accent Pontiac Inc is a registered charity in United States, based in Pontiac, MI. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Accent Pontiac Inc reported income of $508k and spending of $520k, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $543k to $508k (-6.4%), an average of -1.6% a year. The sharpest change came in the year to August 2023, when income rose by 70%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Accent Pontiac Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Kalamazoo Regional Catholic Schools Foundation ($508k), Family Heritage Foundation Inc ($508k) and Higher Heights Youth Empowerment Programs Inc ($508k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $310k. At year end it held assets of $1.1m against liabilities of $6,823, net assets of $1.1m. It reported 12 employees.