Atlas Fellows

Analysis

Atlas Fellows is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2022, 4 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, Atlas Fellows reported income of $452k and spending of $374k, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $300k to $452k (+51%), an average of +51% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Atlas Fellows sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Woodland Community School Inc ($452k), Finneytown Schools Educational Foundation Inc ($452k) and Parent Booster USA Inc ($452k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $127k (34% of expenses). Other salaries and wages came to $95k. At year end it held assets of $393k against liabilities of $16k, net assets of $377k. It reported 3 employees.