Atlas Economic Research Foundation

Analysis

Atlas Economic Research Foundation is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in December 1981, 45 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 Economic Research Foundation reported income of $28.8m and spending of $22.1m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.3m to $28.8m (+88%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Atlas Economic Research Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within VA. Charities of a similar size with the same main cause include Destination Crenshaw ($28.7m), Jacksonville Symphony Association ($28.8m) and Armand Hammer Museum of Art and Cultural Center Inc ($28.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $1.9m (8.7% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $23.6m against liabilities of $3.1m, net assets of $20.5m. It reported 56 employees.