Atlanta Karate Inc

Analysis

Atlanta Karate Inc is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2023, Atlanta Karate Inc reported income of $100k and spending of $97k, spending 97% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $84k to $100k (+19%), an average of +19% a year. The sharpest change came in the year to September 2023, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Atlanta Karate Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within GA. Charities of a similar size with the same main cause include R O C Era Corp ($100k), Youth Education & Sports Community Inc ($100k) and Northshore Community Cooperative Preschool ($100k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.