Atlanta Grade School Friends

Analysis

Atlanta Grade School Friends is a registered charity in United States, based in Atlanta, TX. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Atlanta Grade School Friends reported income of $620k and spending of $44k, leaving 93% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $256k to $620k (+142%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 147%. Over the whole period it spent 4.9% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Atlanta Grade School Friends sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Trucha ($620k), Pentacle Theatre Inc ($620k) and Carolina Philharmonic Inc ($620k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.