Jewish Interest Free Loan of Atlanta Inc

Analysis

Jewish Interest Free Loan of Atlanta Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Jewish Interest Free Loan of Atlanta Inc reported income of $351k and spending of $447k, spending 127% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $389k to $351k (-9.7%), an average of -3.3% a year. The sharpest change came in the year to December 2022, when income dropped by 54%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Interest Free Loan of Atlanta Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include Buddy Snow Foundation Inc ($351k), Encompass Connection Center ($351k) and Tampa Bay Economic Prosperity Foundation ($351k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $94k. At year end it held assets of $909k against liabilities of $19k, net assets of $890k. It reported 3 employees.