Middle Georgia State University Foundation Inc

Analysis

Middle Georgia State University Foundation Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in April 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Middle Georgia State University Foundation Inc reported income of $6.7m and spending of $1.4m, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $6.7m (+60%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 103%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Middle Georgia State University Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include Black Girls Code Inc ($6.7m), Suny Cobleskill Auxiliary Services Inc ($6.7m) and Future Leaders Institute Charter School ($6.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 8.0% of the total. At year end it held assets of $25.0m against liabilities of $500k, net assets of $24.5m.