Atchison Terrace Inc

Analysis

Atchison Terrace Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in April 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Atchison Terrace Inc reported income of $489k and spending of $528k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $398k to $489k (+23%), an average of +5.3% a year. Over the whole period it spent 110% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Atchison Terrace Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within MO. Charities of a similar size with the same main cause include Ventura County Community Foundation Complex Asset Supporting Org ($489k), Park Avenue Foundation Inc ($490k) and Hello in There Foundation ($489k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 33% of the total. Other salaries and wages came to $85k. At year end it held assets of $1.5m against liabilities of $1.9m, net assets of -$347k. It reported 3 employees.

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.