Association of Chinese Professionals Atlanta Inc

Analysis

Association of Chinese Professionals Atlanta Inc is a registered charity in United States, based in Lilburn, GA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Association of Chinese Professionals Atlanta Inc reported income of $54k and spending of $93k, spending 171% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $64k to $54k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2023, when income rose by 4650%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Association of Chinese Professionals Atlanta Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within GA. Charities of a similar size with the same main cause include Dodge Center Foundation ($54k), Maple River Heritage Inc ($54k) and Norwood Together ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.