Advance Housing 2000 Inc

Analysis

Advance Housing 2000 Inc is a registered charity in United States, based in Paramus, NJ. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Advance Housing 2000 Inc reported income of $79k and spending of $68k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $79k to $79k (+0.1%), an average of +0.0% a year. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Advance Housing 2000 Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 38th percentile within NJ. Charities of a similar size with the same main cause include Medina Creative Living 2 ($79k), Pathstone Corporation ($79k) and Lifetime Community Service Inc ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 33% of the total. At year end it held assets of $353k against liabilities of $67k, net assets of $286k.