Access Technologies Inc

Analysis

Access Technologies Inc is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in January 1995, 31 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Access Technologies Inc reported income of $1.1m and spending of $937k, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $760k to $1.1m (+38%), an average of +8.4% a year. The sharpest change came in the year to September 2021, when income rose by 22%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Access Technologies Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within OR. Charities of a similar size with the same main cause include Dunn County Historical Society ($1.0m), Limestone Valley Resource Conservation & Dev Counsel ($1.1m) and Oahu Economic Development Board ($1.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $112k (12% of expenses). Other salaries and wages came to $247k. At year end it held assets of $2.8m against liabilities of $896k, net assets of $1.9m. It reported 9 employees.