Southwest Georgia Project for Community Education Inc

Analysis

Southwest Georgia Project for Community Education Inc is a registered charity in United States, based in Albany, GA. It received its IRS tax-exemption ruling in August 1972, 54 years ago. 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, Southwest Georgia Project for Community Education Inc reported income of $2.1m and spending of $1.1m, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $838k to $2.1m (+150%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwest Georgia Project for Community Education Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Pacific Health Ministry ($2.1m), The Boys & Girls Club of East Aurora Inc ($2.1m) and Habitat for Humanity International Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.2% of the total. Other salaries and wages came to $428k. At year end it held assets of $5.3m against liabilities of $7,736, net assets of $5.3m. It reported 9 employees.