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Public & Societal Benefit (W20) IRS Verified DX Registered 990 on File

CATALYST CALIFORNIA

EIN: 95-4835230 · LOS ANGELES, CA 90026-3291 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 91/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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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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Organization Details
EIN
95-4835230
State
CA
City
LOS ANGELES
ZIP
90026-3291
Classification
W20
Category
Public & Societal Benefit
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
15
Form 990
On File
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