Atlas Fellowship

Analysis

Atlas Fellowship is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Atlas Fellowship reported income of $4.9m and spending of $4.5m, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $6.6m to $4.9m (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 69% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Atlas Fellowship sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Boys & Girls Club of Carson ($4.9m), Boys & Girls Clubs of Central Iowa Inc ($4.9m) and Humble Sons Bike Company ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $155k (3.5% of expenses). Other salaries and wages came to $419k. At year end it held assets of $4.0m against liabilities of $3.2m, net assets of $801k. It reported 15 employees.