City Academy of Atlanta Inc

Analysis

City Academy of Atlanta Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in February 2020, 6 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, City Academy of Atlanta Inc reported income of $735k and spending of $643k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1,100 to $735k (+66743%), an average of +408% a year. The sharpest change came in the year to June 2020, when income rose by 73865%. 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, City Academy of Atlanta Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include Englewood Christian School ($735k), Demeter Holdings Corporation ($735k) and Center for Hearing and Speech Foundation ($735k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.4% and program service revenue 91% of the total. Other salaries and wages came to $396k. At year end it held assets of $999k against liabilities of $166k, net assets of $833k. It reported 24 employees.