Advocates Inc

Analysis

Advocates Inc is a registered charity in United States, based in Framingham, MA. It received its IRS tax-exemption ruling in November 1975, 51 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Advocates Inc reported income of $147.5m and spending of $143.6m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $101.4m to $147.5m (+45%), an average of +9.8% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Advocates Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Coh Holdco Inc ($147.4m), Lehigh Valley Hospital - Schuykill ($147.5m) and LA Clinica de LA Raza Inc ($147.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $2.8m (1.9% of expenses). Other salaries and wages came to $84.7m. It paid $3,036 in professional fundraising fees. At year end it held assets of $84.3m against liabilities of $41.2m, net assets of $43.1m. It reported 1,977 employees.