Public Benefit : Community and Housing Development

ACCION USA

Providing small business loans and microlending

Rating

Overall Rating    
      (62.80)
Organizational Efficiency      
Program Expenses 78.3%    
Administrative Expenses 13.7%    
Fundraising Expenses 7.8%    
Fundraising Efficiency $0.15    
Efficiency Rating    
      (35.30)
Organizational Capacity      
Primary Revenue Growth 23.4%    
Program Expenses Growth 12.3%    
Working Capital Ratio (years) 0.68    
Capacity Rating    
      (27.50)

Income Statement     (FYE 12/2006)

Revenue  
Primary Revenue $2,510,404
Other Revenue $524,414
Total Revenue $3,034,818
   
Expenses  
Program Expenses $3,085,755
Administrative Expenses $542,867
Fundraising Expenses $310,015
Total Functional Expenses $3,938,637
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-903,819
   
Net Assets $2,476,221

Contact Information

ACCION USA
56 Roland Street
Suite 300
Boston, MA 02129
tel: (866) 245-0783
fax: (617) 625-7020

Contact Email
Visit Web Site

Leadership      (FYE 12/2006)

Name Title Compensation % of Expenses
William W. Burrus President, CEO (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) $145,000 3.68%

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Mission

ACCION USA provides microloans and other financial services to low- and moderate-income entrepreneurs who are unable to access bank credit for their small businesses. With economic opportunity, these entrepreneurs- often minorities and women- can build assets, better provide for their families, and strengthen their communities. ACCION USA's parent organization, ACCION International, began its work in economic development in 1961. In 1991, due to ACCION International's success and the clear need for microfinance in the U.S., ACCION started a U.S. pilot program. Based on the success of this program, ACCION's microfinancing network grew and, today, the U.S. ACCION Network is the largest of its kind in the United States having disbursed over $154 million in small business loans to more than 16,000 entrepreneurs.

Charities Performing Similar Types of Work

Charity Name Overall Score Overall Rating
ACCION USA - MA 62.80
Co-op America - DC 55.95
ACCION New Mexico - NM 66.10
ACCION San Diego - CA 68.69
Association for Enterprise Opportunity - VA 64.20
Compare These Charities (Highly Rated)
Charity Name Overall Score Overall Rating
ACCION USA - MA 62.80
ACCION San Diego - CA 68.69
ACCION New York and New Jersey - NY 66.15
ACCION New Mexico - NM 66.10
Co-op America - DC 55.95
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