Ao Advocating Opportunity Inc

Analysis

Ao Advocating Opportunity Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in March 2015, 11 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, Ao Advocating Opportunity Inc reported income of $2.2m and spending of $2.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $759k to $2.2m (+190%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ao Advocating Opportunity Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Hope of East Central Illinois NFP ($2.2m), New York Peace Institute Inc ($2.2m) and United States Catholic Conference ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $180k (8.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $236k against liabilities of $738k, net assets of -$502k. It reported 28 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.