Atled Inc

Analysis

Atled Inc is a registered charity in United States, based in Arverne, NY. It received its IRS tax-exemption ruling in January 1991, 35 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Atled Inc reported income of $1.3m and spending of $1.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $988k to $1.3m (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Atled 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 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include American Association of Teachers of German Inc ($1.3m), McKinney Downtown Business Redevelopment Board Inc ($1.3m) and Destroyer Escort Historical Museum ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.3% of the total. Other salaries and wages came to $738k. At year end it held assets of $530k against liabilities of $365k, net assets of $166k. It reported 24 employees.