Beloved Atlanta Inc

Analysis

Beloved Atlanta Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 2013, 13 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 2023, Beloved Atlanta Inc reported income of $1.1m and spending of $1.0m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $453k to $1.1m (+151%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beloved Atlanta Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include Friendship Adult Day Care Center Inc ($1.1m), Black Child Development Institute of Greensboro Incorporated ($1.1m) and Alameda Meals on Wheels ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $508k. At year end it held assets of $1.3m against liabilities of $75k, net assets of $1.2m. It reported 19 employees.