Midtown Neighbors Association Inc

Analysis

Midtown Neighbors Association Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Midtown Neighbors Association Inc reported income of $64k and spending of $78k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $64k (+9.8%), an average of +9.8% a year. Over the whole period it spent 121% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Midtown Neighbors Association Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within GA. Charities of a similar size with the same main cause include Gathering Wing ($64k), Hearts of Wheels ($64k) and Local Union Community Charities ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.9% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.