The Chastain Park Athletic Club Inc

Analysis

The Chastain Park Athletic Club Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2022, The Chastain Park Athletic Club Inc reported income of $835k and spending of $673k, spending 81% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $690k to $835k (+21%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Chastain Park Athletic Club Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Salle Auriol Fencing Club Inc ($835k), Trinity Soccer Academy ($835k) and South Texas Youth Soccer Association ($834k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 4.8% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $132k (20% of expenses). Other salaries and wages came to $48k. At year end it held assets of $648k against liabilities of $0, net assets of $648k. It reported 2 employees.