Athens Area Homeless Shelter Inc

Analysis

Athens Area Homeless Shelter Inc is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in May 1991, 35 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, Athens Area Homeless Shelter Inc reported income of $887k and spending of $1.0m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $783k to $887k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Athens Area Homeless Shelter Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Sepp Devolopment Fund Corp ($886k), Columba Hall Housing Development Fund Corp ($887k) and Federation Landings Inc ($885k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $538k. At year end it held assets of $1.1m against liabilities of $314k, net assets of $790k. It reported 24 employees.