The Charitable Foundation of the

Analysis

The Charitable Foundation of the is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, The Charitable Foundation of the reported income of $1.6m and spending of $264k, leaving 84% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $281k to $1.6m (+476%), an average of +55% a year. The sharpest change came in the year to June 2023, when income rose by 514%. Over the whole period it spent 44% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Charitable Foundation of the sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within GA. Charities of a similar size with the same main cause include One Armenia Inc ($1.6m), Chicago District Golf Association Foundation ($1.6m) and Reb Community Development Corporation ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m. It reported 1 employees.