Georgias Own Foundation Inc

Analysis

Georgias Own Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Georgias Own Foundation Inc reported income of $338k and spending of $353k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $295k to $338k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Georgias Own Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include Home on the Green Pastures ($338k), West Grove Area Day Care Center ($338k) and Barton Center Inc ($338k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $251k against liabilities of $14k, net assets of $237k.