Georgia Southern University Housing Foundation Inc

Analysis

Georgia Southern University Housing Foundation Inc is a registered charity in United States, based in Statesboro, GA. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Georgia Southern University Housing Foundation Inc reported income of $10.5m and spending of $9.6m, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $14.6m to $10.5m (-28%), an average of -10% a year. The sharpest change came in the year to June 2022, when income dropped by 18%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Georgia Southern University Housing Foundation Inc sits at the 95th percentile: it is larger than about 95% 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 Beyond Owners Group Inc ($10.5m), Berkeley Student Cooperative Inc ($10.5m) and Capital for Change Inc ($10.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $237.4m against liabilities of $203.2m, net assets of $34.2m.