Agc of Georgia Foundation Inc

Analysis

Agc of Georgia Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Agc of Georgia Foundation Inc reported income of $320k and spending of $262k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $178k to $320k (+80%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 799%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Agc of Georgia Foundation Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within GA. Charities of a similar size with the same main cause include Waukee Community School Foundation ($320k), Center for Orthopaedic Trauma Advancement ($321k) and Square and Compasses Holding ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $643k against liabilities of $8,725, net assets of $635k.