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University of Georgia Athletic Association Inc

RegisteredEIN 58-0652518Athens, GAEducation and training
Income$210.7m2023-06
Spending$198.1msame year
Spent / received89%5-year average
Size in its cause100th pctEducation and training
Exempt since1955Organisation supporting a go
Employees82latest return

Analysis

University of Georgia Athletic Association Inc is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in April 1955, 71 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, University of Georgia Athletic Association Inc reported income of $210.7m and spending of $198.1m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $172.0m to $210.7m (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Georgia Athletic Association Inc sits at the 100th percentile: it is one of the largest 1% in its cause. 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 University of LA Verne ($210.2m), Trine University Inc ($211.6m) and Siena University ($210.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $14.2m (7.2% of expenses). Other salaries and wages came to $51.5m. At year end it held assets of $592.4m against liabilities of $199.5m, net assets of $393.0m. It reported 82 employees.

Income and spending

$0$52.7m$105.3m$158.0m$210.7m2019 Income: $172,022,7782019 Spending: $154,099,37620192020 Income: $179,161,2572020 Spending: $148,678,73120202021 Income: $153,177,1312021 Spending: $132,555,97220212022 Income: $203,071,6722022 Spending: $180,125,91920222023 Income: $210,674,0752023 Spending: $198,106,9172023
IncomeSpending

Where the income comes from

  • Contributions & grants 36%
  • Program services 55%
  • Other 8.9%

Similar-sized charities, same cause

CharityLocationIncome
University of LA VerneLA Verne$210.2m
Trine University IncAngola$211.6m
Siena UniversityLoudonville$210.1m
Corporation of Haverford CollegeHaverford$211.7m