Greater Atlanta Economic Alliance

Analysis

Greater Atlanta Economic Alliance is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 2002, 24 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greater Atlanta Economic Alliance reported income of $242k and spending of $250k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $258k to $242k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Atlanta Economic Alliance sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within GA. Charities of a similar size with the same main cause include Squirrel Hill Urban Coalition Inc ($242k), Inspire Aviation ($242k) and Apmi International ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.2% and program service revenue 90% of the total. Other salaries and wages came to $74k. At year end it held assets of $154k against liabilities of $0, net assets of $154k. It reported 4 employees.