Accesscircles Inc

Analysis

Accesscircles Inc is a registered charity in United States, based in Greenwich, CT. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover human services, 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, Accesscircles Inc reported income of $174k and spending of $179k, spending 103% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $941k to $174k (-82%), an average of -29% a year. The sharpest change came in the year to December 2021, when income dropped by 58%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Accesscircles Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within CT. Charities of a similar size with the same main cause include Lorain County Lutheran-Presbyterian Cooperative Ministry Inc ($174k), Winner Ministerial Association Inc ($174k) and Stafford Soccer Club Inc ($174k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. At year end it held assets of $152k against liabilities of $119k, net assets of $33k.