Atlanta Association for Convalescent Aged Persons Inc

Analysis

Atlanta Association for Convalescent Aged Persons Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 1960, 66 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Atlanta Association for Convalescent Aged Persons Inc reported income of $15.0m and spending of $13.5m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.8m to $15.0m (+8.8%), an average of +2.1% a year. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Atlanta Association for Convalescent Aged Persons Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Mercy Assisted Care Inc ($15.0m), Independent Dialysis Foundation Inc ($15.0m) and Ellipsis Inc ($15.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 89% of the total. Other salaries and wages came to $5.0m. At year end it held assets of $9.4m against liabilities of $1.4m, net assets of $8.0m. It reported 176 employees.