University of North Georgia Foundation Inc

Analysis

University of North Georgia Foundation Inc is a registered charity in United States, based in Dahlonega, GA. It received its IRS tax-exemption ruling in April 1961, 65 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, University of North Georgia Foundation Inc reported income of $11.0m and spending of $9.8m, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $6.2m to $11.0m (+76%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 171%. 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, University of North Georgia Foundation Inc sits at the 94th percentile: it is larger than about 94% 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 Heritage School Inc ($11.0m), American Association of Collegiate Registrars and Admissions Officers ($11.0m) and Yeshiva High School for Girls Inc ($11.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% of the total. At year end it held assets of $121.5m against liabilities of $484k, net assets of $121.0m. It reported 15 employees.