Fort Valley State University Foundation Inc

Analysis

Fort Valley State University Foundation Inc is a registered charity in United States, based in Fort Valley, GA. It received its IRS tax-exemption ruling in April 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 June 2023, Fort Valley State University Foundation Inc reported income of $4.4m and spending of $4.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $4.4m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2023, when income rose by 1356%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Valley 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 91st percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Meat Foundation ($4.4m), Endtime Inc ($4.4m) and Great Books Foundation ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 31% of the total. At year end it held assets of $35.2m against liabilities of $17.8m, net assets of $17.4m.