Atlanta Neighborhood Charter School Inc

Analysis

Atlanta Neighborhood Charter School Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 1999, 27 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, Atlanta Neighborhood Charter School Inc reported income of $15.2m and spending of $15.9m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.5m to $15.2m (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Atlanta Neighborhood Charter School Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Bridges Preparatory School ($15.2m), Santiago Middle School ($15.2m) and Gideon Hausner Jewish Day School ($15.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $511k (3.2% of expenses). Other salaries and wages came to $8.8m. At year end it held assets of $8.1m against liabilities of $2.5m, net assets of $5.6m. It reported 168 employees.