Georgia Tech Facilities Inc

Analysis

Georgia Tech Facilities Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Georgia Tech Facilities Inc reported income of $20.6m and spending of $43.7m, spending 212% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.8m to $20.6m (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2023, when income rose by 76%. Over the whole period it spent 127% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Georgia Tech Facilities Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include Wichita Collegiate School ($20.6m), Riverton Street Charter School ($20.6m) and Freire Charter School ($20.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 93% of the total. At year end it held assets of $335.0m against liabilities of $315.7m, net assets of $19.4m.