Alphas of Atlanta Foundation Inc

Analysis

Alphas of Atlanta Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. 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, Alphas of Atlanta Foundation Inc reported income of $268k and spending of $256k, spending 95% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $47k to $268k (+477%), an average of +140% a year. The sharpest change came in the year to December 2022, when income rose by 468%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alphas of Atlanta Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include Camp McCumber Corp ($268k), Hartwood Group Homes Incorporated ($269k) and Dearborn Education Foundation ($268k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $41k against liabilities of $3,339, net assets of $38k.