Advance Community Outreach Center Inc

Analysis

Advance Community Outreach Center Inc is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Community Outreach Center Inc reported income of $1.8m and spending of $2.0m, spending 114% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $337k to $1.8m (+421%), an average of +128% a year. The sharpest change came in the year to December 2022, when income rose by 430%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Advance Community Outreach Center Inc 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 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Upper Kirby District Foundation ($1.8m), Custom Collaborative ($1.8m) and Peralta Service Corp ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $26k (1.3% of expenses). At year end it held assets of $310k against liabilities of $17k, net assets of $293k. It reported 2 employees.