Building Owners and Managers Association of Georgia Foundation

Analysis

Building Owners and Managers Association of Georgia Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 2014, 12 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Building Owners and Managers Association of Georgia Foundation reported income of $219k and spending of $57k, leaving 74% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $398k to $219k (-45%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 52%. Over the whole period it spent 32% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Building Owners and Managers Association of Georgia Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within GA. Charities of a similar size with the same main cause include India Collective Inc ($219k), Public Health Fund of Ohio ($219k) and Highlands Motoring Foundation Inc ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 1.6% of the total. At year end it held assets of $1.7m against liabilities of $129k, net assets of $1.6m.