Center Point Ga Inc

Analysis

Center Point Ga Inc is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in October 1969, 57 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Center Point Ga Inc reported income of $1.3m and spending of $878k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.3m (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center Point Ga Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Chattanooga Cancer Support Services ($1.3m), Fencers Club Inc ($1.3m) and Rochester Juvenile Hockey Association ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $102k (12% of expenses). Other salaries and wages came to $323k. At year end it held assets of $1.8m against liabilities of $190k, net assets of $1.6m. It reported 13 employees.