Ati Foundation

Analysis

Ati Foundation is a registered charity in United States, based in Downers Grove, IL. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ati Foundation reported income of $69k and spending of $375k, spending 544% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $455k to $69k (-85%), an average of -38% a year. The sharpest change came in the year to December 2020, when income rose by 121%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ati Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within IL. Charities of a similar size with the same main cause include Hoakalei Charities ($69k), Owensville Senior Center ($69k) and Gods Pantry ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 143% of the total. At year end it held assets of $446k against liabilities of $39k, net assets of $407k.