Atlanta Technical College Foundation Inc

Analysis

Atlanta Technical College Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Technical College Foundation Inc reported income of $1.7m and spending of $1.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $595k to $1.7m (+188%), an average of +30% a year. The sharpest change came in the year to June 2020, when income rose by 282%. Over the whole period it spent 47% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Atlanta Technical College 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 85th percentile, and in the 87th percentile within GA. Charities of a similar size with the same main cause include Sowers4pastors Inc ($1.7m), Foundation 36 Inc ($1.7m) and Keren Acheinu Bnei Yisroel Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $7.3m against liabilities of $1.1m, net assets of $6.2m. It reported 1 employees.