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Georgia Tech Global Inc

RegisteredEIN 27-1070747Atlanta, GAEducation and training
Income$75k2023-06
Spending$54ksame year
Spent / received107%5-year average
Size in its cause32nd pctEducation and training
Exempt since2011Supporting organisation (typ
Employees0latest return

Analysis

Georgia Tech Global Inc is a registered charity in United States, based in Atlanta, 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Georgia Tech Global Inc reported income of $75k and spending of $54k, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $630k to $75k (-88%), an average of -41% a year. The sharpest change came in the year to June 2021, when income rose by 2641%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Georgia Tech Global Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within GA. Charities of a similar size with the same main cause include Instauratio Magna Foundation ($75k), H2 Global Inc ($75k) and Edukate NYC Inc ($75k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $62k against liabilities of $1,526, net assets of $61k.

Income and spending

$0$177k$353k$530k$706k2019 Income: $629,9502019 Spending: $706,20420192020 Income: $18,3322020 Spending: $46,53820202021 Income: $502,5002021 Spending: $540,92420212022 Income: $527,5002022 Spending: $525,38020222023 Income: $75,0002023 Spending: $53,9592023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Instauratio Magna FoundationChicago$75k
H2 Global IncSan Jose$75k
Edukate NYC IncNew York$75k
Santa Clara Rotary FoundationSan Jose$75k