Advocates Inc

Analysis

Advocates Inc is a registered charity in United States, based in Fayetteville, NY. It received its IRS tax-exemption ruling in February 1995, 31 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 December 2023, Advocates Inc reported income of $36.2m and spending of $36.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $23.5m to $36.2m (+54%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Advocates Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Montana Food Bank Network Inc ($36.1m), Northwest Human Services Inc ($36.2m) and Trezevant Episcopal Home ($36.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $463k (1.3% of expenses). Other salaries and wages came to $23.9m. At year end it held assets of $15.5m against liabilities of $4.2m, net assets of $11.2m. It reported 1,554 employees.