Inadvance

Analysis

Inadvance is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in September 2009, 17 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, Inadvance reported income of $3.5m and spending of $2.6m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $548k to $3.5m (+547%), an average of +60% a year. The sharpest change came in the year to December 2020, when income rose by 120%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inadvance 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 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Raritan Valley Y M C a ($3.5m), Community Kitchen Pittsburgh ($3.5m) and Surti Lueva Patidar Samaj of DFW ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $301k (11% of expenses). Other salaries and wages came to $892k. At year end it held assets of $3.0m against liabilities of $339k, net assets of $2.6m. It reported 21 employees.