Atlas for Life Ltd

Analysis

Atlas for Life Ltd is a registered charity in United States, based in Pipestone, MN. It received its IRS tax-exemption ruling in May 2005, 21 years ago. 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, Atlas for Life Ltd reported income of $161k and spending of $166k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $130k to $161k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Atlas for Life Ltd sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MN. Charities of a similar size with the same main cause include Research Corporation of Long Island Inc ($161k), Clinton Historical Society ($161k) and Laguna Ballet ($161k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $96k. At year end it held assets of $654k against liabilities of $0, net assets of $654k. It reported 5 employees.