Midtown Assistance Center Inc

Analysis

Midtown Assistance Center Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 1989, 37 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 September 2023, Midtown Assistance Center Inc reported income of $1.1m and spending of $1.1m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.1m (+2.6%), an average of +0.6% a year. The sharpest change came in the year to September 2020, when income rose by 76%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Midtown Assistance Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include Mayo Home for Youth Development ($1.1m), Family Hui Hawaii ($1.1m) and Interchange Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $112k (9.7% of expenses). Other salaries and wages came to $259k. At year end it held assets of $926k against liabilities of $23k, net assets of $903k. It reported 9 employees.