Access Language Solutions Inc

Analysis

Access Language Solutions Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Access Language Solutions Inc reported income of $270k and spending of $319k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $382k to $270k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Access Language Solutions Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within KY. Charities of a similar size with the same main cause include One Love Community Inc ($270k), Eddie & Brenda Trujillo Family Foundation Inc ($270k) and Go Team Foundation ($270k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $38k (12% of expenses). At year end it held assets of $60k against liabilities of $42k, net assets of $18k. It reported 41 employees.