Atutu

Analysis

Atutu is a registered charity in United States, based in Dublin, CA. It received its IRS tax-exemption ruling in June 2020, 6 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, Atutu reported income of $90k and spending of $95k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $90k (-14%), an average of -14% a year. Over the whole period it spent 113% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Atutu sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include National Coalition of 100 Black Women Silicon Valley Chapter ($90k), Snitch Network Corporation ($90k) and Ostara ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $1,340, net assets of $22k.