Atip Foundation LLC

Analysis

Atip Foundation LLC is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, 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 September 2023, Atip Foundation LLC reported income of $282k and spending of $309k, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $642k to $282k (-56%), an average of -19% a year. The sharpest change came in the year to September 2023, when income rose by 299%. Over the whole period it spent 125% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Atip Foundation LLC sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Crest Forest Senior Citizens Club Inc ($282k), Life Center Milwaukee Inc ($282k) and Foster Together ($282k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.