Atlas Ministry Inc

Analysis

Atlas Ministry Inc is a registered charity in United States, based in Greensboro, GA. It received its IRS tax-exemption ruling in October 2006, 20 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, Atlas Ministry Inc reported income of $1.6m and spending of $1.3m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+33%), an average of +7.5% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Atlas Ministry Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within GA. Charities of a similar size with the same main cause include Quality Care Services Inc ($1.6m), Hope Services ($1.6m) and Magic City Harvest ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $643k. It paid $18k in professional fundraising fees. At year end it held assets of $6.1m against liabilities of $409k, net assets of $5.7m. It reported 58 employees.