Shift Atl

Analysis

Shift Atl is a registered charity in United States, based in Atlantic, IA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Shift Atl reported income of $331k and spending of $92k, leaving 72% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $300k to $331k (+10%), an average of +5.0% a year. Over the whole period it spent 24% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Shift Atl sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within IA. Charities of a similar size with the same main cause include Center City of Amarillo Inc ($331k), Denver Regional Capital Corporation ($331k) and Hyde Park Main Streets Inc ($331k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $14k. At year end it held assets of $919k against liabilities of $100k, net assets of $819k. It reported 11 employees.