Atlantic Economic Society

Analysis

Atlantic Economic Society is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Atlantic Economic Society reported income of $169k and spending of $178k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $231k to $169k (-26%), an average of -7.4% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Atlantic Economic Society sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within GA. Charities of a similar size with the same main cause include Wylie East Band Booster Club ($169k), Orange Street Pottery ($169k) and Oquirrh Hills Performing Arts Alliance ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Other salaries and wages came to $30k. At year end it held assets of $42k against liabilities of $6,028, net assets of $36k. It reported 1 employees.