Atlanta Academy Inc

Analysis

Atlanta Academy Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in August 2001, 25 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 June 2023, Atlanta Academy Inc reported income of $7.4m and spending of $7.5m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.9m to $7.4m (+25%), an average of +7.7% a year. The sharpest change came in the year to June 2021, when income rose by 23%. 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 Academy Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Selcat TR Fund ($7.4m), Accreditation Alliance of Career Schools and Colleges ($7.4m) and Lewis Clark Early Childhood Program Inc ($7.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 95% of the total. Other salaries and wages came to $4.2m. At year end it held assets of $12.2m against liabilities of $5.1m, net assets of $7.2m. It reported 133 employees.