Atlanta General Education Center Inc

Analysis

Atlanta General Education Center Inc is a registered charity in United States, based in Norcross, GA. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Atlanta General Education Center Inc reported income of $4.1m and spending of $3.9m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $4.1m (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2020, when income rose by 15%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Atlanta General Education Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Summit Charter School Foundation Inc ($4.1m), Massachusetts College of Liberal Arts Foundation Inc ($4.1m) and Achievement Academy Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $160k (4.1% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $5.0m against liabilities of $2.8m, net assets of $2.3m.