Georgia Tech Research Corporation

Analysis

Georgia Tech Research Corporation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 1947, 79 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Georgia Tech Research Corporation reported income of $431.8m and spending of $418.9m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $343.9m to $431.8m (+26%), an average of +5.9% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Georgia Tech Research Corporation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within GA. Charities of a similar size with the same main cause include Beacon Kalamazoo Inc ($431.1m), SSM Cardinal Glennon Childrens Hospital ($432.5m) and Thedacare Regional Medical Center- Appleton Inc ($429.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.0% and program service revenue 96% of the total. At year end it held assets of $331.6m against liabilities of $250.2m, net assets of $81.4m.