Georgia Tuition Assistance Program Inc

Analysis

Georgia Tuition Assistance Program Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Georgia Tuition Assistance Program Inc reported income of $132k and spending of $148k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $212k to $132k (-38%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Georgia Tuition Assistance Program Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within GA. Charities of a similar size with the same main cause include Santa Clara County Construction Careers Association S4ca ($132k), Saharo Foundation ($132k) and Northern Guilford High School Athletic Booster Club Inc ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $246k against liabilities of $0, net assets of $246k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.