Atlanta Pop Concerts Inc

Analysis

Atlanta Pop Concerts Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in May 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Atlanta Pop Concerts Inc reported income of $382k and spending of $371k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $259k to $382k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 163%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Atlanta Pop Concerts Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within GA. Charities of a similar size with the same main cause include Murray County Developmental Achievement Center Inc ($382k), Withlacoochee River Electric Cares Inc ($382k) and Acorn Foundation ($382k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $15k (4.2% of expenses). At year end it held assets of $60k against liabilities of $0, net assets of $60k.