Atlanta Tip Off Club Inc

Analysis

Atlanta Tip Off Club Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in July 1984, 42 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Atlanta Tip Off Club Inc reported income of $801k and spending of $799k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $706k to $801k (+13%), an average of +3.2% a year. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Atlanta Tip Off Club Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Azzurri Storm Soccer Club Inc ($801k), Firebirds Soccer Club ($801k) and Lake Springfield Christian Assembly ($801k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 9.5% of the total. Compensation of current officers, directors and key employees was $294k (37% of expenses). Other salaries and wages came to $6,300. At year end it held assets of $963k against liabilities of $71k, net assets of $893k. It reported 1 employees.