Paladin Inc

Analysis

Paladin Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2023, Paladin Inc reported income of $1.9m and spending of $518k, leaving 72% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.0m to $1.9m (+82%), an average of +16% a year. The sharpest change came in the year to July 2020, when income rose by 264%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Paladin Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include Stilly Valley Center ($1.9m), Coalicion de Coaliciones Pro Personas Sin Hogar de Puerto Rico ($1.9m) and Care Services of Nevada Inc ($1.9m).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 79% of the total. Compensation of current officers, directors and key employees was $208k (40% of expenses). Other salaries and wages came to $70k. At year end it held assets of $9.4m against liabilities of $426k, net assets of $9.0m. It reported 2 employees.