Canopy Atlanta

Analysis

Canopy Atlanta is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Canopy Atlanta reported income of $479k and spending of $474k, spending 99% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $681k to $479k (-30%), an average of -30% a year. The sharpest change came in the year to June 2023, when income dropped by 30%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Canopy Atlanta sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include Backcountry Medical Guides ($479k), Hoboken Public Education Foundation Corporation ($479k) and Farm and City ($479k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $681k against liabilities of $0, net assets of $681k.