Allatoona Resource Center Inc
Analysis
Allatoona Resource Center Inc is a registered charity in United States, based in Acworth, GA. It received its IRS tax-exemption ruling in April 2016, 10 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, Allatoona Resource Center Inc reported income of $248k and spending of $244k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $169k to $248k (+47%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 97% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Allatoona Resource Center Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within GA. Charities of a similar size with the same main cause include Food for Life Ministry Inc ($248k), Roads to Freedom ($248k) and Rossmoor Fund ($248k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $148k. At year end it held assets of $92k against liabilities of $0, net assets of $92k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Food for Life Ministry Inc | Chino | $248k |
| Roads to Freedom | Williamsport | $248k |
| Rossmoor Fund | Walnut Creek | $248k |
| Streator Area United Way Inc | Streator | $248k |