Atlanta Childrens Shelter Inc

Analysis

Atlanta Childrens Shelter Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 1986, 40 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Childrens Shelter Inc reported income of $1.8m and spending of $2.1m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.8m (-6.2%), an average of -1.6% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Atlanta Childrens Shelter Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include Meadowbrook Terrace Inc ($1.8m), Stones River Development Corporation ($1.8m) and Kane County Senior Living ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $68k (3.2% of expenses). Other salaries and wages came to $780k. At year end it held assets of $6.1m against liabilities of $67k, net assets of $6.0m. It reported 24 employees.