Accessible Resources for Independence Inc

Analysis

Accessible Resources for Independence Inc is a registered charity in United States, based in Glen Burnie, MD. It received its IRS tax-exemption ruling in October 2009, 17 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 September 2023, Accessible Resources for Independence Inc reported income of $652k and spending of $667k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $572k to $652k (+14%), an average of +3.3% a year. The sharpest change came in the year to September 2021, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Accessible Resources for Independence Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include Spa Inc ($652k), Yamhill Carlton Together Cares Inc ($652k) and Perkins Co Retirement Assoc Westview Retirement Community ($652k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $78k (12% of expenses). Other salaries and wages came to $349k. At year end it held assets of $282k against liabilities of $35k, net assets of $248k. It reported 15 employees.