Advocate

Analysis

Advocate is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 2022, Advocate reported income of $294k and spending of $175k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $226k to $294k (+30%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Advocate sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 35th percentile within DC. Charities of a similar size with the same main cause include Velocity Swimming ($294k), Statesman Foundation Inc ($294k) and Carbon Business Development Council Inc ($294k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $175k (100% of expenses). At year end it held assets of $172k against liabilities of $0, net assets of $172k.