American Association of Blacks in Energy Atlanta

Analysis

American Association of Blacks in Energy Atlanta is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in February 2007, 19 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Association of Blacks in Energy Atlanta reported income of $71k and spending of $79k, spending 112% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $89k to $71k (-21%), an average of -11% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Association of Blacks in Energy Atlanta sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within GA. Charities of a similar size with the same main cause include North Carolina Federation of Music Clubs ($71k), PTA Pennsylvania Congress ($71k) and Garden State Chiropractic Society Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $144k against liabilities of $0, net assets of $144k.