Startup Atlanta

Analysis

Startup Atlanta is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Startup Atlanta reported income of $57k and spending of $57k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $57k (-12%), an average of -12% a year. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Startup Atlanta sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within GA. Charities of a similar size with the same main cause include Sperryville Community Foundation ($57k), Highland Village Parks Foundation ($57k) and Fort Madison Economic Development Corporation ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 130% of the total. At year end it held assets of $32k against liabilities of $448, net assets of $32k.