South Georgia Ministries Inc

Analysis

South Georgia Ministries Inc is a registered charity in United States, based in Tifton, GA. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, South Georgia Ministries Inc reported income of $80k and spending of $68k, spending 85% of its income. Across the 4 years on record, from December 2017 to December 2023, income fell from $258k to $80k (-69%), an average of -32% a year. The sharpest change came in the year to December 2022, when income rose by 212%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, South Georgia Ministries Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within GA. Charities of a similar size with the same main cause include Lyons Falls Housing Development Fund Company Inc ($80k), Cedar Lake Washburn Inc ($80k) and Montgomery Housing Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $379k against liabilities of $510, net assets of $378k.