Passport Atlanta Inc

Analysis

Passport Atlanta Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Passport Atlanta Inc reported income of $192k and spending of $98k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $220k to $192k (-13%), an average of -13% a year. Over the whole period it spent 51% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Passport Atlanta Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within GA. Charities of a similar size with the same main cause include Meagans Academic Center Inc ($192k), Scholastic Talent Showcase Inc ($192k) and Grand Haven Young Bucs Athletics Inc ($191k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (67% of expenses). At year end it held assets of $302k against liabilities of $20k, net assets of $282k.