Atlanta and Edgewood Street Railway Company

Analysis

Atlanta and Edgewood Street Railway Company is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 1976, 50 years ago. 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, Atlanta and Edgewood Street Railway Company reported income of $467k and spending of $357k, leaving 23% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $367k to $467k (+27%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 225%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Atlanta and Edgewood Street Railway Company sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include Angel Force USA ($467k), Nami Florida Inc ($467k) and Atlantic Community Thrift Shop Inc ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Other salaries and wages came to $109k. At year end it held assets of $1.6m against liabilities of $324k, net assets of $1.3m. It reported 13 employees.