Georgia Wand Education Fund Inc

Analysis

Georgia Wand Education Fund Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 December 2022, Georgia Wand Education Fund Inc reported income of $622k and spending of $556k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $329k to $622k (+89%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Georgia Wand Education Fund Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within GA. Charities of a similar size with the same main cause include Little League Baseball Inc ($622k), Edina Baseball Association Inc ($622k) and Baltimore Bikur Cholim Inc ($622k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $92k (17% of expenses). Other salaries and wages came to $252k. At year end it held assets of $417k against liabilities of $17k, net assets of $401k. It reported 6 employees.