Georgia Gwinnett College Foundationinc

Analysis

Georgia Gwinnett College Foundationinc is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Georgia Gwinnett College Foundationinc reported income of $9.9m and spending of $6.8m, leaving 31% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $10.9m to $9.9m (-8.7%), an average of -1.8% a year. The sharpest change came in the year to June 2023, when income dropped by 22%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Georgia Gwinnett College Foundationinc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Kairos Academies ($9.9m), Pace School ($9.9m) and Wilson Preparatory Academy ($9.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 58% of the total. At year end it held assets of $161.1m against liabilities of $132.1m, net assets of $29.0m.