Atlas Public Schools

Analysis

Atlas Public Schools is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in October 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 2023, Atlas Public Schools reported income of $5.4m and spending of $4.0m, leaving 25% of income unspent that year. Across the 4 years on record, from December 2020 to June 2023, income grew from $304k to $5.4m (+1670%), an average of +161% a year. The sharpest change came in the year to June 2023, when income rose by 371%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Atlas Public Schools sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MO. Charities of a similar size with the same main cause include Lead Education Foundation ($5.4m), Bishop Noland Episcopal Day School ($5.4m) and The California Education Partners ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $194k (4.8% of expenses). Other salaries and wages came to $1.8m. It paid $13k in professional fundraising fees. At year end it held assets of $13.3m against liabilities of $11.5m, net assets of $1.8m. It reported 41 employees.