Advantage Services Inc

Analysis

Advantage Services Inc is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in August 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Advantage Services Inc reported income of $2.8m and spending of $2.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.8m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Advantage Services Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within UT. Charities of a similar size with the same main cause include Highland Lakes Family Crisis Center Inc ($2.8m), The Corporation for Manufacturing Excellence Manex ($2.8m) and American Association of Airport Executives Foundation Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $316k (11% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.2m against liabilities of $198k, net assets of $996k. It reported 285 employees.