Advocate Program Inc

Analysis

Advocate Program Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in April 1981, 45 years ago. 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, Advocate Program Inc reported income of $9.2m and spending of $9.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.8m to $9.2m (+58%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Advocate Program Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Forum School ($9.2m), Mental Health for Children Inc ($9.2m) and Mvle Inc ($9.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $174k (1.9% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $5.6m against liabilities of $2.8m, net assets of $2.8m. It reported 131 employees.