North Georgia Technical College Foundation Inc

Analysis

North Georgia Technical College Foundation Inc is a registered charity in United States, based in Clarkesville, GA. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North Georgia Technical College Foundation Inc reported income of $526k and spending of $506k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $526k (-48%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Georgia Technical College Foundation Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Dunedin Scottish Arts Foundation Inc ($526k), Institute for Peaceable Communities Inc ($526k) and Rogue Valley Farm to School ($526k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $181k. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.