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MISSION

This corporation is a religious corporation but is not a church and is not organized for the private gain of any person. Organized exclusively for religious purposes. We empower, encourage, and equip Indian American churches and leaders.

 FORM 1023-EZ for ADVANCE INITIATIVE

WWW.ADVANCEINITIATIVE.COM

DEMOGRAPHIC

ADDRESS
53 WELSH ROAD
19115
COUNTY
philadelphia county, PA
IN CARE OF NAME
AJAY THOMAS

ORGANIZATIONAL OVERVIEW & RANKINGS

ADVANCE INITIATIVE is a based in PHILADELPHIA, PA, focused on Religion-Related, Spiritual Development causes , specifically Nonmonetary Support N.E.C.. Established in November 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $206,055.00, this ranks 404,342 among 2,656,690 nonprofits nationally (Top 16%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 22,043 out of 107,402 organizations in PA (Top 21%).

In philadelphia county, PA, the organization ranks 2,503 out of 13,329 nonprofits by assets (Top 19%), while locally in philadelphia, it stands at 2,486 among 13,133 organizations (Top 19%).

The organization reported annual revenue of $274,861.00, ranking 248,069 nationally (Top 10%) and 11,569 in PA (Top 11%).

Within its specific NTEE classification (X19 - X: Religion-Related, Spiritual Development), which includes 1,086 similar organizations, ADVANCE INITIATIVE ranks 134 in assets (Top 13%) and 91 in revenue (Top 9%).

The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year. Additional information can be found at WWW.ADVANCEINITIATIVE.COM.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
X: Religion-Related, Spiritual Development
NTEE CODE
X19: Nonmonetary Support N.E.C.
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$274,861.00
FORM 990 REVENUE AMOUNT
$274,861.00
RULING DATE
11/2018
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$206,055.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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