Desiring Advancement Overseas Inc

Analysis

Desiring Advancement Overseas Inc is a registered charity in United States, based in Sale Creek, TN. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Desiring Advancement Overseas Inc reported income of $383k and spending of $397k, spending 104% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $208k to $383k (+84%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Desiring Advancement Overseas Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within TN. Charities of a similar size with the same main cause include Whos Got Morale ($383k), Knowledge Builders of Florida Inc ($383k) and Christ Classical School Inc ($383k).

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 $58k (15% of expenses). Other salaries and wages came to $48k. It paid $31k in professional fundraising fees. At year end it held assets of $60k against liabilities of $0, net assets of $60k. It reported 2 employees.