Georgia Highlands College Foundation Inc
Analysis
Georgia Highlands College Foundation Inc is a registered charity in United States, based in Rome, GA. It received its IRS tax-exemption ruling in September 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Georgia Highlands College Foundation Inc reported income of $2.4m and spending of $1.6m, leaving 34% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.3m to $2.4m (+81%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 113%. Over the whole period it spent 69% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Georgia Highlands College Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include English in Action ($2.4m), Mitch Charter School ($2.4m) and Coded by ($2.4m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 24% of the total. At year end it held assets of $19.4m against liabilities of $13.0m, net assets of $6.4m. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 73%
- Program services 24%
- Other 3.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| English in Action | Carbondale | $2.4m |
| Mitch Charter School | Tualatin | $2.4m |
| Coded by | Philadelphia | $2.4m |
| Beacon Academy Inc | Boston | $2.4m |