State Charter Schools Foundation of Georgia Inc

Analysis

State Charter Schools Foundation of Georgia Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in February 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 June 2023, State Charter Schools Foundation of Georgia Inc reported income of $2.3m and spending of $2.3m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $335k to $2.3m (+592%), an average of +90% a year. The sharpest change came in the year to June 2023, when income rose by 783%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, State Charter Schools Foundation of Georgia Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Cottonwood School of Civics and Science ($2.3m), Project Most Inc ($2.3m) and Spruce Street Nursery School ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $124k (5.4% of expenses). Other salaries and wages came to $2,480. At year end it held assets of $179k against liabilities of $159k, net assets of $20k.