Advantage Family Services Inc

Analysis

Advantage Family Services Inc is a registered charity in United States, based in N Hollywood, 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, Advantage Family Services Inc reported income of $104k and spending of $132k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $108k to $104k (-3.3%), an average of -3.3% a year. Over the whole period it spent 126% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Advantage Family Services Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Friends of the Library Virginia Beach Inc ($104k), Chinese American Parents Association Walnut ($104k) and Gibbs-Ottoson Parent Teacher Organization ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. At year end it held assets of $13 against liabilities of $425k, net assets of -$425k.