Aadvantage Inc

Analysis

Aadvantage Inc is a registered charity in United States, based in Canonsburg, PA. It received its IRS tax-exemption ruling in May 1991, 35 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Aadvantage Inc reported income of $2.9m and spending of $2.8m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.4m to $2.9m (-16%), an average of -4.1% a year. The sharpest change came in the year to June 2021, when income dropped by 26%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aadvantage Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Good Samaritan Haven ($2.9m), Ascension Borgess Foundation ($2.9m) and Piedmont Rescue Squad Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.1m (40% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $540k against liabilities of $217k, net assets of $323k. It reported 22 employees.