Express Advantage

Analysis

Express Advantage is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Express Advantage reported income of $2.3m and spending of $1.5m, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $2.8m to $2.3m (-19%), an average of -10% a year. The sharpest change came in the year to December 2023, when income rose by 591%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Express Advantage sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WA. Charities of a similar size with the same main cause include Accelerate Institute ($2.3m), Escuela Hispana Montessori Inc ($2.3m) and Hutson School Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $788k against liabilities of $0, net assets of $788k.