Georgia Apartment Industry Education Foundation Inc

Analysis

Georgia Apartment Industry Education Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 2004, 22 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 Apartment Industry Education Foundation Inc reported income of $67k and spending of $20k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $122k to $67k (-45%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 122%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Georgia Apartment Industry Education Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within GA. Charities of a similar size with the same main cause include Padua Academy Foundation ($67k), Novamaya ($67k) and New Covenant Christian Academy Foundation ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 122% of the total. At year end it held assets of $173k against liabilities of $0, net assets of $173k.