Elevate Atlanta Inc

Analysis

Elevate Atlanta Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 2021, 5 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, Elevate Atlanta Inc reported income of $423k and spending of $318k, leaving 25% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $425k to $423k (-0.6%), an average of -0.6% a year. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elevate Atlanta Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Nishmat Adin ($423k), LGBTQ Community Center Fund ($423k) and Back in the Saddle Equine Therapy Center ($423k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $199k. At year end it held assets of $359k against liabilities of $16k, net assets of $343k. It reported 4 employees.