Atalanta NYC Inc

Analysis

Atalanta NYC Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Atalanta NYC Inc reported income of $297k and spending of $256k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $274k to $297k (+8.3%), an average of +4.1% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Atalanta NYC Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Crossover Athletics ($297k), Sitka Golf Association ($297k) and Clarinda Athletic Booster Club Inc ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $42k (16% of expenses). Other salaries and wages came to $155k. At year end it held assets of $94k against liabilities of $0, net assets of $94k. It reported 5 employees.