Atlanta Concorde Fire Soccer Association Inc

Analysis

Atlanta Concorde Fire Soccer Association Inc is a registered charity in United States, based in Sandy Springs, GA. It received its IRS tax-exemption ruling in July 1984, 42 years ago. 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 May 2023, Atlanta Concorde Fire Soccer Association Inc reported income of $4.9m and spending of $4.5m, spending 91% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $3.9m to $4.9m (+27%), an average of +6.2% a year. The sharpest change came in the year to May 2022, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Atlanta Concorde Fire Soccer Association Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Free Will Baptist Childrens Home Inc ($4.9m), Hudson Montessori Association ($4.9m) and Swallow Hill Music Association ($4.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $248k (5.5% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $2.4m against liabilities of $366k, net assets of $2.1m. It reported 15 employees.