Advancing States Inc

Analysis

Advancing States Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in August 1966, 60 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Advancing States Inc reported income of $8.0m and spending of $8.5m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $8.0m (+80%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Advancing States Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include Choice Housing Opportunites for Intergenerational and Communit ($8.0m), Eskaton Lodge Granite Bay ($8.0m) and Tri-Valley Transit Inc ($8.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.8% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $1.0m (12% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $6.2m against liabilities of $4.7m, net assets of $1.5m. It reported 33 employees.