Advocates Foundation

Analysis

Advocates Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Advocates Foundation reported income of $404k and spending of $194k, leaving 52% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $289k to $404k (+40%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Advocates Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Sister Season Fund Inc ($403k), North End Wanderers Athletic Association ($404k) and Fyno Foundation Inc ($403k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.1% of the total. At year end it held assets of $495k against liabilities of $189k, net assets of $305k.