Atlanta Metropolitan College Foundation Inc

Analysis

Atlanta Metropolitan College Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 1987, 39 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Atlanta Metropolitan College Foundation Inc reported income of $600k and spending of $467k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $490k to $600k (+23%), an average of +5.2% a year. The sharpest change came in the year to June 2020, when income rose by 52%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Atlanta Metropolitan College Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within GA. Charities of a similar size with the same main cause include International Pediatric Research Foundation Inc ($600k), Lebanon Lifesaving Crew Incorporated ($600k) and Loving Food Resources ($600k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 52% of the total. At year end it held assets of $9.3m against liabilities of $8.1m, net assets of $1.1m. It reported 1 employees.