Access Inc

Analysis

Access Inc is a registered charity in United States, based in National City, CA. It received its IRS tax-exemption ruling in December 1971, 55 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 June 2023, Access Inc reported income of $3.0m and spending of $2.9m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.3m to $3.0m (-8.0%), an average of -2.1% a year. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Access Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Greater Reading Chamber and Economic Development Corporation ($3.0m), Vermont Sustainable Jobs Fund Inc ($3.0m) and Thread Capital ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 9.5% of the total. Compensation of current officers, directors and key employees was $184k (6.3% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $1.5m against liabilities of $196k, net assets of $1.3m. It reported 230 employees.