Greater Atlanta Chamber Foundation Inc

Analysis

Greater Atlanta Chamber Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 1977, 49 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Greater Atlanta Chamber Foundation Inc reported income of $2.2m and spending of $2.7m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.2m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 138% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greater Atlanta Chamber Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Treasure Valley Community College Foundation ($2.2m), Permanently Disabled Jockeys Fund Inc ($2.2m) and Luther C Fischer Foundation ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.5m against liabilities of $5.8m, net assets of -$2.3m.