Advance Memphis

Advance Memphis is a registered education nonprofit based in Memphis, TN, United States. It is registered with the Internal Revenue Service (IRS). It was founded in 1999 and has been operating for 27 years. Its EIN is 621778254. According to GiveRadar's records, it holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. GiveRadar's Integrity Assessment for the organization is 80/100, which reflects how much public information is available, not whether the charity is legitimate. The organization reports $2M in annual revenue. 47 officers and directors are publicly disclosed. No red flags have been detected.

Advance Memphis's EIN (Employer Identification Number) is 621778254. This is the organization's IRS tax identification number; you can use it to verify tax-exempt status and to look up its Form 990 filings with the IRS.

Advance Memphis has a GiveRadar Integrity Assessment of 80/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 80 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. The charity allocates 75% of expenses to programs, which contributes positively to its score. For comparison, the average integrity assessment for education charities in United States is 90/100.

Advance Memphis is located in Memphis, TN, United States. The organization was established in 1999 and has been active for 27 years.

Based on official tax filings, Advance Memphis has $2M in annual revenue. It allocates 75% of expenses to programs and services. This is below the average of 82% for education charities in United States. Its revenue is below the peer average of $7M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.

Advance Memphis is classified as an Education organization, registered in United States. It operates as a Publicly-supported charity (509(a)(2)). By size, it is categorized as a medium organization. It has $2M in annual revenue. The organization has 47 disclosed officers and directors.

No red flags have been detected for Advance Memphis. GiveRadar automatically screens charities for concerning patterns including high executive compensation, low program spending, and missing financial filings. Based on available official data, no issues have been identified.

According to GiveRadar's records, Advance Memphis holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. It is registered with the Internal Revenue Service (IRS). It reports that 75% of expenses go to programs (the peer average is 82%). You can donate directly through their official donation page linked on their GiveRadar profile. GiveRadar provides data for research and does not endorse any organization. A GiveRadar Integrity Assessment reflects how much public data is available, not whether an organization is safe to donate to, so it is always smart to do your own research before giving.

Advance Memphis empowers South Memphis adults through free job training and financial literacy education. Volunteer, donate, or partner with us for fulfillment services. Advance Memphis is classified as an education organization registered in United States. The organization was founded in 1999.

Among education charities registered in United States: It allocates 75% of expenses to programs, below the peer average of 82%. Its annual revenue of $2M is below the peer average of $7M.

Yes, donations to Advance Memphis are generally tax-deductible in the United States. Advance Memphis is a 501(c)(3) tax-exempt organization. Its EIN is 621778254, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.