Doctor Theodore a Atlas Foundation Inc

Analysis

Doctor Theodore a Atlas Foundation Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Doctor Theodore a Atlas Foundation Inc reported income of $734k and spending of $672k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $529k to $734k (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Doctor Theodore a Atlas Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Journey for Good Foundation Inc ($733k), Gonzalez Family Foundation ($734k) and Miracle of Agriculture Foundation ($733k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. Other salaries and wages came to $97k. At year end it held assets of $1.7m against liabilities of $31k, net assets of $1.6m. It reported 2 employees.