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New York BBB Wise Giving Report for
Accion USA, Inc.

A BBB Accredited charity


Expiration Date:
ACCION East, Inc.
Formerly known as:
ACCION USA and ACCION New York, formerly known as: N/A
80 Maiden Lane, Suite 903
New York, NY 10038
Year, State Incorporated:
1996, New York
ACCION Texas , ACCION Mew Mexico, Arizona and Colorado, ACCION Chicago, ACCION San Diego
Stated Purpose:
" As a leader in U.S. microfinance, ACCION USA empowers low to moderate income (LMI) business owners with access to capital and financial education. With economic opportunity, these entrepreneurs often minorities and women can build assets, better provide for their families, and strengthen their communities. "

Evaluation Conclusions

ACCION USA, INC. (AUSA) meets the 20 Standards for Charity Accountability.


ACCION USA is a microfinance organization that lends with the mission of empowering business owners with access to working capital and financial education.


Chief Executive Officer:
Paul Quintero, CEO
Chair of the Board:
Janet Thompson
Chair's Profession / Business Affiliation:
Retired Vice President and Director, Citigroup Community Reinvestment
Board Size:
Paid Staff Size:

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Fund Raising

Method(s) Used:

Direct mail appeals, grant proposals, internet
Fund raising costs were 7.6% of related contributions. (Related contributions, which totaled $6,432,820, are donations received as a result of fund raising activities.)

Tax Status

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.



Source of Funds  

Contributions and Grants


Interests on loans


Program fees


Other revenue


Investment income


Total Income


Program Expenses  

Program services - lending

Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses




Uses of Funds as a % of Total Expenses

Programs: 80%  Fund Raising: 7%  Administrative 13% 
Roll the cursor over the pie chart to see the dollar amounts.

Beginning net assets $3,209,470
Ending net assets 4,310,387
Total liabilities 14,500,229

Total assets



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