Georgia Charter Educational Foundation Inc

Analysis

Georgia Charter Educational Foundation Inc is a registered charity in United States, based in Senoia, GA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Georgia Charter Educational Foundation Inc reported income of $9.8m and spending of $10.4m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.2m to $9.8m (+37%), an average of +8.1% a year. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Georgia Charter Educational Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Lutz Preparatory School Inc ($9.8m), Horizon Science Academy Youngstown Inc ($9.8m) and New York Center for Child Development ($9.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.5% of the total. Other salaries and wages came to $3.6m. At year end it held assets of $16.6m against liabilities of $21.2m, net assets of -$4.6m. It reported 137 employees.