Atlanta Group Homes Contribution Foundation Inc

Analysis

Atlanta Group Homes Contribution Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 1985, 41 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, Atlanta Group Homes Contribution Foundation Inc reported income of $151k and spending of $217k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $110k to $151k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2023, when income rose by 337%. Over the whole period it spent 194% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Atlanta Group Homes Contribution Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within GA. Charities of a similar size with the same main cause include Tender Care Unlimited Inc ($151k), Brain Tumor Foundation ($151k) and Hanover Christmas Mother Inc ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $852k against liabilities of $0, net assets of $852k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.