Momentum Advisory Collective

Analysis

Momentum Advisory Collective is a registered charity in United States, based in West Chester, OH. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Momentum Advisory Collective reported income of $4.5m and spending of $3.0m, leaving 33% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.3m to $4.5m (+257%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 69% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Momentum Advisory Collective sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Girard Manor Inc ($4.5m), Child Advocates of Silicon Valley Inc ($4.5m) and Asian Pacific American Institute for Congressional Studies Inc ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $208k (6.8% of expenses). Other salaries and wages came to $937k. At year end it held assets of $5.4m against liabilities of $2.3m, net assets of $3.1m. It reported 15 employees.