Atlanta Speech School Inc

Analysis

Atlanta Speech School Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 1969, 57 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Atlanta Speech School Inc reported income of $40.7m and spending of $29.8m, leaving 27% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $20.2m to $40.7m (+101%), an average of +19% a year. The sharpest change came in the year to May 2022, when income rose by 52%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Atlanta Speech School Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Legacy Traditional Schools - Nevada Inc ($40.7m), Fessenden School ($40.7m) and Vaughn College of Aeronautics and Technology ($40.7m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 58% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $447k (1.5% of expenses). Other salaries and wages came to $15.6m. At year end it held assets of $124.6m against liabilities of $5.6m, net assets of $119.0m. It reported 330 employees.