Atma Connect

Analysis

Atma Connect is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Atma Connect reported income of $621k and spending of $467k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $448k to $621k (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 106% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Atma Connect sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Healing Together ($621k), American Friends of New College Ltd ($622k) and Worldcomp Kenya Relief International ($621k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $94k (20% of expenses). Other salaries and wages came to $29k. At year end it held assets of $504k against liabilities of $128k, net assets of $376k. It reported 2 employees.