The Georgia Wellness Group Inc

Analysis

The Georgia Wellness Group Inc is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, The Georgia Wellness Group Inc reported income of $2.6m and spending of $1.7m, leaving 34% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $817k to $2.6m (+224%), an average of +48% a year. The sharpest change came in the year to June 2021, when income rose by 79%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Georgia Wellness Group Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include International Society for Advancement of Cytometry ($2.6m), The Carousel Center Inc ($2.6m) and Parker Rehabilitation Services Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $97k (5.6% of expenses). Other salaries and wages came to $986k. At year end it held assets of $2.5m against liabilities of $462k, net assets of $2.1m. It reported 21 employees.