Advance a Non Profit Corporation

Analysis

Advance a Non Profit Corporation is a registered charity in United States, based in LA Habra, CA. It received its IRS tax-exemption ruling in June 2003, 23 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, Advance a Non Profit Corporation reported income of $238k and spending of $181k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $196k to $238k (+22%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Advance a Non Profit Corporation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Kinder Kids Montessori Inc ($238k), Oncology Association of Naturopathic Physicians Inc ($238k) and Arlington Band Boosters Inc ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $36k (20% of expenses). Other salaries and wages came to $31k. At year end it held assets of $616k against liabilities of $44k, net assets of $573k.