Gordon State College Foundation Inc

Analysis

Gordon State College Foundation Inc is a registered charity in United States, based in Barnesville, GA. It received its IRS tax-exemption ruling in March 1973, 53 years ago. 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, Gordon State College Foundation Inc reported income of $2.8m and spending of $1.6m, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.8m (+71%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 103%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gordon State College Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include Lutheran Music Program ($2.8m), Sire Inc ($2.8m) and Mike Silva Evangelism International Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 23% of the total. At year end it held assets of $29.4m against liabilities of $10.2m, net assets of $19.2m. It reported 5 employees.