Alta Foundation Inc

Analysis

Alta Foundation Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alta Foundation Inc reported income of $109k and spending of $115k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $109k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Alta Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within GA. Charities of a similar size with the same main cause include Lakes Area Youth Soccer Association Inc ($109k), Vestavia Lacrosse Organization Inc ($109k) and All in Baseball Corp ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $122 against liabilities of $0, net assets of $122.