Advocates for Innovative Schoolsinc

Analysis

Advocates for Innovative Schoolsinc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Advocates for Innovative Schoolsinc reported income of $5.1m and spending of $6.8m, spending 132% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $5.1m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 121% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Advocates for Innovative Schoolsinc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within LA. Charities of a similar size with the same main cause include University of Wisconsin River Falls Foundation ($5.1m), Cabell County Public Library ($5.1m) and River Oaks Academy Charter School ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $1.7m against liabilities of $662k, net assets of $1.0m. It reported 73 employees.