Atlanta Womens Foundation Inc

Analysis

Atlanta Womens Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Atlanta Womens Foundation Inc reported income of $2.4m and spending of $2.5m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.4m (+16%), an average of +3.8% a year. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Atlanta Womens Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Lincoln Land Community College Foundation ($2.4m), Window Ledge Foundation ($2.4m) and Boston Womens Fund Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $419k (17% of expenses). Other salaries and wages came to $423k. At year end it held assets of $6.2m against liabilities of $1.7m, net assets of $4.6m. It reported 11 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.