Equity Advocates Inc

Analysis

Equity Advocates Inc is a registered charity in United States, based in Harrison, NY. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Equity Advocates Inc reported income of $356k and spending of $249k, leaving 30% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $169k to $356k (+111%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Equity Advocates Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Caritas Connections Inc ($355k), Options United ($356k) and Divrei Yoisher Inc ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $79k (32% of expenses). Other salaries and wages came to $98k. At year end it held assets of $235k against liabilities of $4,188, net assets of $231k. It reported 3 employees.