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Accion International

Washington, DC · EIN 13-2535763 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Accion International reported $23.8 million in revenue and $33.1 million in expenses for calendar year 2024. Of every $100 it spent, $66.48 went to program services, $24.47 to management and general costs and $9.05 to fundraising. Its largest source of revenue was contributions and grants: 50.6% of the total. The highest compensation it reported for one person was $755,344 (CEO). 56 people received more than $100,000 in reportable compensation. Revenue fell 14% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $33M

For context, the median across 469 covered international, foreign affairs & national security charities: $89.04 programs, $8.28 management, $2.68 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $24M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 469 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
66.5%86.1%
Management & general
Part IX 25(C) ÷ 25(A)
24.5%8.0%
Fundraising
Part IX 25(D) ÷ 25(A)
9.0%2.6%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.25$0.03
Contributions & grants share of revenue
Part VIII 1h ÷ 12
50.6%96.6%
Government grants share of revenue
Part VIII 1e ÷ 12
2.4%0.0%
Program service revenue share
Part VIII 2g ÷ 12
31.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
$755,344$341,362
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.28%1.06%
People paid over $100,000
Part VII, line 2
5610
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
110.07.5
Independent voting board members
Part VI 1a–1b
17 of 17100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$12M expenses · 52.5% of program spending · grants $3.0M · revenue $810K

See schedule oglobal programs: today, 1.6 billion people are left out of or poorly served by the world's formal financial sector and lack the financial solutions they need to end poverty in their communities. Accion is a global nonprofit committed to creating a fair and inclusive economy, helping families and businesses reach their economic potential and build better lives. Our global programs include accion advisory, a team of experts that helps companies provide innovative and affordable financial solutions to small businesses and hard-to-reach customers in emerging markets. It connects…

$4.5M expenses · 20.6% of program spending · grants $724K · revenue $5.8M

See schedule oinvestment strategies: at accion, we know financial services are powerful tools to help reduce poverty and create opportunity. We find and help build innovative companies with the potential to reach large numbers of underserved people and accelerate their growth by investing capital and providing strategic governance and advice. We focus on social impact, driving systems-level change. We make equity and quasi-equity investments from pre-seed to growth-stage and prioritize investments in south and southeast asia, latin america, sub-saharan africa, and the united states. In 2024…

$3.3M expenses · 15.0% of program spending · revenue $115K

See schedule ocenter for financial inclusion: launched in 2008, the center for financial inclusion (cfi) is an independent global think tank housed at accion that uses rigorous research and advocacy to advance inclusive financial systems for low-income people around the world. It leverages partnerships to conduct research, test promising solutions, and then advocate for evidence-based change. Cfi conducts research related to its four strategic priorities: consumer protection, data risks and opportunities, women's financial inclusion, and financial services to mitigate and adapt to climate…

$2.6M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Officer, 50.00 hrs/week
$717,650$0$37,694$755,344
COO (THRU 04/30/24)
Officer, 50.00 hrs/week
$646,815$0$72,650$719,465
CFO (THRU 09/30/24)
Officer, 50.00 hrs/week
$561,450$0$51,884$613,334
CIO
Key employee, 50.00 hrs/week
$421,544$0$62,858$484,402
SENIOR VP
Key employee, 50.00 hrs/week
$333,492$0$64,031$397,523
COO (AS OF 05/01/24)
Officer, 50.00 hrs/week
$326,987$0$27,464$354,451
SENIOR VP
Highest compensated employee, 50.00 hrs/week
$311,130$0$37,740$348,870
ASST. SEC & GENERAL COUNSEL
Officer, 50.00 hrs/week
$324,124$0$21,781$345,905

56 people received more than $100,000 in reportable compensation from Accion International (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.9M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$24M$33M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$24M$33M66.5%$304M$755,344
2023 ⓘ$34M$31M69.5%$366M$697,123
2022 ⓘ$26M$31M72.8%$408M$904,411
2021 ⓘ$49M$33M75.5%$450M$671,586
2020 ⓘ$4.9M$28M75.1%$382M$647,738
2019 ⓘ$28M$30M77.1%$372M$672,681

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b17 · 17 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5106
  • Volunteers Part I, line 63

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
ACCCION IMPACT MANAGEMENT
Portfolio management
$775,962
MULTICULTURAL INSIGHTS
Consultancy services
$410,260
DIALOG CONCEPTS INC
Professional services
$187,175
BPM LLP
Consultancy services
$181,538

Individuals listed as contractors are left out. 10 contractors were paid more than $100,000 in all.

Private foundation grants it received

18 private foundations reported grants to Accion International totaling $3.8M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Accion International's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Accion International, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All international, foreign affairs & national security charities · Largest charities in District of Columbia

Questions people ask

How much of Accion International's spending goes to programs?

In calendar year 2024, Accion International reported that 66.5% of its $33.1 million in expenses went to program services, 24.5% to management and general and 9.0% to fundraising (Form 990, Part IX).

How much does Accion International pay its top executive?

The largest total compensation Accion International reported for one person in calendar year 2024 was $755,344, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Accion International get its money?

Of $23.8 million in revenue in calendar year 2024, 50.6% came from contributions and grants (including 2.4% from government grants) and 31.0% from program service revenue (Form 990, Part VIII).

Is Accion International a registered charity?

The IRS lists EIN 13-2535763 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503189349301700 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202423209349328022 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333199349329373 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213129349303036 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123199349324162 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202043219349300239 · read the filing

All filings for EIN 13-2535763: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.