Middle Georgia State College Real Estate Foundation Inc

Analysis

Middle Georgia State College Real Estate Foundation Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in July 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Middle Georgia State College Real Estate Foundation Inc reported income of $1.7m and spending of $1.4m, leaving 21% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $701k to $1.7m (+148%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 158%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Middle Georgia State College Real Estate Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within GA. Charities of a similar size with the same main cause include The Academic Mastery Alternative Education Academy ($1.7m), Communities in Schools of the Nations Capital Inc ($1.7m) and Wells County Foundation Inc ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.6% and program service revenue 93% of the total. At year end it held assets of $49.8m against liabilities of $38.8m, net assets of $11.0m.