Athens Resource Center For The Homeless
EIN: 261907518 · Athens, GA · NTEE: L40
| Metric | Value |
|---|---|
| Total Revenue | $4.7M |
| Total Expenses | $279K |
| Net Assets | $53K |
Is Athens Resource Center For The Homeless Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Athens Resource Center For The Homeless
Athens Resource Center For The Homeless (EIN: 261907518) is a nonprofit organization based in Athens, GA, classified under NTEE code L40. The organization reported total revenue of $4.7M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Athens Resource Center For The Homeless's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Athens Resource Center For The Homeless is a mid-size nonprofit that has been operating for 15 years, with 7 years of IRS 990 filings on record (2016–2022). Revenue has grown at a compound annual rate of 14.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $292K |
| Total Expenses | $279K |
| Surplus / Deficit | +$14K |
| Total Assets | $84K |
| Total Liabilities | $31K |
| Net Assets | $53K |
| Operating Margin | 4.7% |
| Debt-to-Asset Ratio | 36.8% |
| Months of Reserves | 3.6 months |
Financial Health Grade: A
In 2022, Athens Resource Center For The Homeless reported a surplus of $14K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 36.8% (moderate leverage).
Financial Trends
Over 7 years of filings (2016–2022), Athens Resource Center For The Homeless's revenue has grown at a compound annual growth rate (CAGR) of 14.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +37.2% | +37.5% | +6.2% |
| 2021 | -13.3% | -14.1% | +7.6% |
| 2020 | +21.6% | +19.1% | +20.3% |
| 2019 | +17.5% | -5.0% | +104.1% |
| 2018 | -21.8% | +11.7% | -54.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Athens Resource Center For The Homeless has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Athens Resource Center For The Homeless with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.8%.
Frequently Asked Questions about Athens Resource Center For The Homeless
Is Athens Resource Center For The Homeless a legitimate charity?
Athens Resource Center For The Homeless (EIN: 261907518) is a registered tax-exempt nonprofit based in Georgia. It has 7 years of IRS 990 filings on record. Total revenue: $4.7M. No red flags identified. Financial health grade: A.
How does Athens Resource Center For The Homeless spend its money?
Athens Resource Center For The Homeless reported $4.7M in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Athens Resource Center For The Homeless tax-deductible?
Athens Resource Center For The Homeless is registered as a tax-exempt nonprofit (EIN: 261907518). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Athens Resource Center For The Homeless located?
Athens Resource Center For The Homeless is headquartered in Athens, Georgia and files with the IRS under EIN 261907518. It is classified under NTEE code L40.
How many years of IRS 990 filings does Athens Resource Center For The Homeless have?
Athens Resource Center For The Homeless has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.7M in total revenue.
Filing History
IRS 990 filing history for Athens Resource Center For The Homeless showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2022), Athens Resource Center For The Homeless's revenue has grown by 124.7%, moving from $130K to $292K. Total assets increased by 35.5% over the same period, from $62K to $84K. Total functional expenses rose by 133.2%, from $120K to $279K. In its most recent filing year (2022), Athens Resource Center For The Homeless reported a surplus of $14K, with revenue exceeding expenses. The organization holds $31K in liabilities against $84K in assets (debt-to-asset ratio: 36.8%), resulting in net assets of $53K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $292K | $279K | $84K | $31K | — | View 990 |
| 2021 | $213K | $203K | $79K | $40K | — | View 990 |
| 2020 | $246K | $236K | $73K | $44K | — | View 990 |
| 2019 | $202K | $198K | $61K | $42K | — | View 990 |
| 2018 | $172K | $209K | $30K | $15K | — | View 990 |
| 2017 | $220K | $187K | $66K | $14K | — | View 990 |
| 2016 | $130K | $120K | $62K | $44K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $292K, expenses of $279K, and assets of $84K (revenue +37.2% year-over-year).
- 2021: Revenue of $213K, expenses of $203K, and assets of $79K (revenue -13.3% year-over-year).
- 2020: Revenue of $246K, expenses of $236K, and assets of $73K (revenue +21.6% year-over-year).
- 2019: Revenue of $202K, expenses of $198K, and assets of $61K (revenue +17.5% year-over-year).
- 2018: Revenue of $172K, expenses of $209K, and assets of $30K (revenue -21.8% year-over-year).
- 2017: Revenue of $220K, expenses of $187K, and assets of $66K (revenue +69.1% year-over-year).
- 2016: Revenue of $130K, expenses of $120K, and assets of $62K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Athens Resource Center For The Homeless:
Data Sources and Methodology
This transparency report for Athens Resource Center For The Homeless is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.