South Georgia State College Foundation Inc

Analysis

South Georgia State College Foundation Inc is a registered charity in United States, based in Douglas, GA. It received its IRS tax-exemption ruling in March 1990, 36 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 2024, South Georgia State College Foundation Inc reported income of $603k and spending of $494k, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $258k to $603k (+134%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 214%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Georgia State College Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within GA. Charities of a similar size with the same main cause include Jeremiah School ($603k), Hometown Education Foundation Inc ($603k) and Kids Scholarship Fund Inc ($603k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 51% of the total. It paid $1,521 in professional fundraising fees. At year end it held assets of $7.0m against liabilities of $17k, net assets of $7.0m.