Corporate Volunteer Council of Atlanta

Analysis

Corporate Volunteer Council of Atlanta is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 1995, 31 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, Corporate Volunteer Council of Atlanta reported income of $218k and spending of $269k, spending 123% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $225k to $218k (-3.2%), an average of -1.1% a year. The sharpest change came in the year to December 2021, when income rose by 30%. 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, Corporate Volunteer Council of Atlanta sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within GA. Charities of a similar size with the same main cause include Richhill Agricultural Society ($218k), Chautauqua Opportunities for Development Inc ($218k) and Find Inc ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $107k (40% of expenses). At year end it held assets of $300k against liabilities of $37k, net assets of $263k. It reported 1 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.