Middle Georgia Consortium Inc
Analysis
Middle Georgia Consortium Inc is a registered charity in United States, based in Warner Robins, GA. It received its IRS tax-exemption ruling in August 1980, 46 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Middle Georgia Consortium Inc reported income of $2.4m and spending of $2.4m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $3.4m to $2.4m (-31%), an average of -12% a year. The sharpest change came in the year to June 2022, when income dropped by 22%. Over the whole period it spent 100% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Middle Georgia Consortium Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Cincinnati Goodwill Work Services Inc ($2.4m), Worksource Enterprises ($2.4m) and Border TM Industries Inc ($2.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $221k (9.3% of expenses). Other salaries and wages came to $381k. At year end it held assets of $817k against liabilities of $354k, net assets of $463k. It reported 34 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Program services 3.6%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cincinnati Goodwill Work Services Inc | Cincinnati | $2.4m |
| Worksource Enterprises | Danville | $2.4m |
| Border TM Industries Inc | El Paso | $2.4m |
| Itasca Economic Development Corporation | Grand Rapids | $2.4m |