Accompany Worldwide Inc

Analysis

Accompany Worldwide Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Accompany Worldwide Inc reported income of $129k and spending of $146k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $129k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 113% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Accompany Worldwide Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Junior Service League of Hendersonville ($129k), Kentucky Coal County Coalition Inc ($129k) and Vale Fourth Inc ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.