Propel Atl Inc

Analysis

Propel Atl Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Propel Atl Inc reported income of $644k and spending of $637k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2023, income fell from $865k to $644k (-26%), an average of -5.7% a year. The sharpest change came in the year to June 2021, when income rose by 128%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Propel Atl Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within GA. Charities of a similar size with the same main cause include National Association of Corporate Directors ($644k), Federal Law Enforcement Officers Foundation ($644k) and Tutor Smart ($644k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $105k (17% of expenses). Other salaries and wages came to $288k. At year end it held assets of $452k against liabilities of $9,761, net assets of $442k. It reported 11 employees.