Atlanta Youth Academies Foundation Inc

Analysis

Atlanta Youth Academies Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Atlanta Youth Academies Foundation Inc reported income of $3.3m and spending of $2.5m, leaving 25% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income fell from $7.3m to $3.3m (-55%), an average of -18% a year. The sharpest change came in the year to July 2020, when income dropped by 70%. Over the whole period it spent 62% 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 Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Childhood League Inc ($3.3m), Eanes Education Foundation ($3.3m) and The Newton B Thomas Support Foundation ($3.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $12.3m against liabilities of $117k, net assets of $12.2m.