Investor Choice Advocates Network

Analysis

Investor Choice Advocates Network is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2022, 4 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 (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, Investor Choice Advocates Network reported income of $200k and spending of $64k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $200k (+264%), an average of +264% a year. The sharpest change came in the year to December 2023, when income rose by 264%. Over the whole period it spent 26% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Investor Choice Advocates Network sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Upward Thrive Academy Incorporated ($200k), Tuskegee Airmen Inc ($200k) and American Catholic Press ($200k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $189k against liabilities of $1,985, net assets of $187k.