Public & Societal Benefit
(W20)
IRS Verified
DX Registered
990 on File
CATALYST CALIFORNIA
Financial strength (30%)
91/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
Advancement Project is a next generation, multi-racial civil rights organization. Rooted in the great human rights struggles for equality and justice, we exist to fulfill America’s promise of a caring, inclusive and just democracy. We use innovative tools and strategies to strengthen social movements and achieve high impact policy change.
Financial Overview — FY 2024
$13.3M
Total Revenue
$11.2M
Total Expenses
$8.6M
Net Assets
68
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
78.3%
Fundraising Efficiency
N/A
Operating Reserve
9.23x
Liability-to-Asset
23.0%
Revenue Diversification
86.2%
Executive Compensation
$491K
Compared with Peers
FY 2024
Compared with 98 similar organizations
(United States, Public & Societal Benefit, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
78.3% | 84.8% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.4% | 12.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
8.3% | 0.3% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
9.2 mo | 9.7 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
23.0% | 23.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
86.2% | 92.7% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
106.9% | 10.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
0.7% | 7.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
15.6% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $13.3M | $11.2M | $8.6M | 78.3% | 68 |
| 2023 | $6.4M | $11.2M | $6.8M | 82.7% | 59 |
| 2022 | $16.3M | $14.3M | $11.2M | 80.8% | 112 |
| 2021 | $25.8M | $15.8M | N/A | — | 113 |
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