Atlanta Resource Foundation Inc

Analysis

Atlanta Resource Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 1990, 36 years ago. 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 June 2023, Atlanta Resource Foundation Inc reported income of $1.1m and spending of $1.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $685k to $1.1m (+64%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Atlanta Resource Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include New Genesis Inc ($1.1m), Supportive Alternative Living ($1.1m) and Baptist Women in Ministry Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $183k. At year end it held assets of $346k against liabilities of $36k, net assets of $310k. It reported 8 employees.