Little Georgetown Foundation

Analysis

Little Georgetown Foundation is a registered charity in United States, based in The Plains, VA. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Little Georgetown Foundation reported income of $299k and spending of $46k, leaving 85% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $76k to $299k (+295%), an average of +58% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 27% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Little Georgetown Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Lamar University at Orange Foundation Inc ($299k), Miracle Makers of Bed-Stuy Housing Development Fund Company Inc ($300k) and Orthopterists Society ($299k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 39% and program service revenue 3.3% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.