Advancing Lives in Pasadena

Analysis

Advancing Lives in Pasadena is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in April 1945, 81 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Advancing Lives in Pasadena reported income of $413k and spending of $312k, leaving 24% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $252k to $413k (+64%), an average of +18% a year. The sharpest change came in the year to May 2022, when income rose by 97%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Advancing Lives in Pasadena sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Adult Care Center of the Northern Shenandoah Valley Inc ($413k), Interfaith Ministries of Denton Inc ($413k) and Access to Our Community ($412k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 93% and program service revenue 2.9% of the total. Other salaries and wages came to $30k. At year end it held assets of $1.4m against liabilities of $22k, net assets of $1.4m. It reported 2 employees.