Target Eight Advisory Council

Analysis

Target Eight Advisory Council is a registered charity in United States, based in Orange Cove, CA. It received its IRS tax-exemption ruling in July 1971, 55 years ago. The IRS classifies it as a governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Target Eight Advisory Council reported income of $2.9m and spending of $2.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.9m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Target Eight Advisory Council 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 89th percentile within CA. Charities of a similar size with the same main cause include American Finance Association ($2.9m), Chicago Roofers Apprentice Fund ($2.9m) and The Cornerstone Foundation Incorporated ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.8% and program service revenue 97% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $889k against liabilities of $591k, net assets of $298k. It reported 56 employees.