Georgia Alliance Education Fund Inc

Analysis

Georgia Alliance Education Fund Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 2016, 10 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 August 2023, Georgia Alliance Education Fund Inc reported income of $7.1m and spending of $6.4m, spending 90% of its income. Across the 6 years on record, from August 2018 to August 2023, income grew from $297k to $7.1m (+2295%), an average of +89% a year. The sharpest change came in the year to August 2021, when income rose by 436%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Georgia Alliance Education Fund Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include The Newport Beach Library Foundation ($7.1m), Pike School Corp ($7.1m) and Family Star Inc ($7.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.6m against liabilities of $246k, net assets of $2.4m.