Atlanta Youth Academies Inc

Analysis

Atlanta Youth Academies Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Atlanta Youth Academies Inc reported income of $3.6m and spending of $3.6m, spending 101% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.1m to $3.6m (+71%), an average of +14% a year. The sharpest change came in the year to July 2021, when income rose by 52%. 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, Atlanta Youth Academies Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Carbon Valley Academy Building ($3.6m), American Academy of Achievement ($3.6m) and Politz Day School of Cherry Hill a New Jersey Nonprofit Corporation ($3.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $319k (8.9% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $13.2m against liabilities of $972k, net assets of $12.2m. It reported 32 employees.