Atlanta Dream Academy

Analysis

Atlanta Dream Academy is a registered charity in United States, based in College Park, GA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Atlanta Dream Academy reported income of $4.5m and spending of $7.0m, spending 155% of what it took in. Across the 6 years on record, from December 2019 to June 2024, income grew from $341k to $4.5m (+1219%), an average of +68% a year. The sharpest change came in the year to December 2020, when income rose by 459%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Atlanta Dream Academy sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Valley of the Sun Waldorf Education Association Inc ($4.5m), Paducah Junior College Corp ($4.5m) and Southern Indiana Graduate Medical Education Consortium Inc ($4.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $15.3m against liabilities of $16.8m, net assets of -$1.5m. It reported 28 employees.