Northeast Georgia Speech Center Inc

Analysis

Northeast Georgia Speech Center Inc is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in April 1979, 47 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northeast Georgia Speech Center Inc reported income of $306k and spending of $375k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $315k to $306k (-2.7%), an average of -0.7% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 114% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northeast Georgia Speech Center Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within GA. Charities of a similar size with the same main cause include Coachella Valley Community Research Initiative Inc ($306k), White Haven Rescue Unit Inc ($307k) and Nh-Vt Palliative Services ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.9% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $95k (25% of expenses). Other salaries and wages came to $140k. At year end it held assets of $589k against liabilities of $15k, net assets of $574k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.