Advanced Employment Group

Analysis

Advanced Employment Group is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Advanced Employment Group reported income of $314k and spending of $309k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $9,087 to $314k (+3361%), an average of +3361% a year. The sharpest change came in the year to June 2023, when income rose by 3361%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Advanced Employment Group 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 63rd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Hayti Facilities Corporation ($314k), Olde Worthington Business Association ($315k) and Upstate Venture Connect Corporation ($314k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $7,698 against liabilities of $9,611, net assets of -$1,913.