Avenues of Excellence Inc

Analysis

Avenues of Excellence Inc is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in December 2015, 11 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, Avenues of Excellence Inc reported income of $114k and spending of $57k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $114k (+124%), an average of +124% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Avenues of Excellence Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include Madeira Athletic Boosters Association ($114k), Morse Hill Outdoor Education Center Incorporated ($114k) and Project Graduation of Duncan Charitable Trust ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.