Antioch Urban Ministries Inc

Analysis

Antioch Urban Ministries Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Antioch Urban Ministries Inc reported income of $1.0m and spending of $1.2m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $715k to $1.0m (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 116% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Antioch Urban Ministries Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include Working Families Friend ($1.0m), Christian World Outreach ($1.0m) and Mujeres de LA Tierra ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 1.2% of the total. Other salaries and wages came to $488k. It paid $11k in professional fundraising fees. At year end it held assets of $648k against liabilities of $591k, net assets of $57k. It reported 17 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.