Leadership Georgia Foundation Inc
Analysis
Leadership Georgia Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 1978, 48 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Leadership Georgia Foundation Inc reported income of $1.4m and spending of $1.2m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.4m (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 81% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Georgia Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include Hope Developmental Achievement Center ($1.4m), St Luke N E W Life Center Inc ($1.4m) and Boston Cares Inc ($1.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 23% of the total. Other salaries and wages came to $138k. It paid $9,195 in professional fundraising fees. At year end it held assets of $6.7m against liabilities of $263k, net assets of $6.4m.
Income and spending
Where the income comes from
- Contributions & grants 62%
- Program services 23%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hope Developmental Achievement Center | Tyler | $1.4m |
| St Luke N E W Life Center Inc | Flint | $1.4m |
| Boston Cares Inc | Charlestown | $1.4m |
| Foundation for Wellness | Lafayette | $1.4m |