Georgia Engineering Foundation Inc

Analysis

Georgia Engineering Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 1972, 54 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 September 2023, Georgia Engineering Foundation Inc reported income of $152k and spending of $103k, leaving 32% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $98k to $152k (+56%), an average of +12% a year. The sharpest change came in the year to September 2020, when income rose by 118%. Over the whole period it spent 50% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Georgia Engineering Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within GA. Charities of a similar size with the same main cause include Conejo Guardian ($152k), Global Lounge Incorporated ($152k) and Special Hearts in the Arts ($152k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.