Advancing Real Change Inc

Analysis

Advancing Real Change Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Advancing Real Change Inc reported income of $1.2m and spending of $1.4m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $877k to $1.2m (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Advancing Real Change Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MD. Charities of a similar size with the same main cause include Public Defender Corporation for the Fifteenth Circuit of West Virginia ($1.2m), Compassion Prison Project ($1.2m) and Capital Appeals Project ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $96k (6.6% of expenses). Other salaries and wages came to $843k. At year end it held assets of $613k against liabilities of $90k, net assets of $523k. It reported 17 employees.