Avanti Fellows USA

Analysis

Avanti Fellows USA is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Avanti Fellows USA reported income of $493k and spending of $276k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $493k (+320%), an average of +320% a year. The sharpest change came in the year to December 2023, when income rose by 320%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Avanti Fellows USA sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Central States Private Education Network ($493k), Awhs Falcon Foundation ($493k) and Schools That Lead Inc ($493k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $398k against liabilities of $26k, net assets of $372k.