Georgia Health Care Education and Research Foundation Inc

Analysis

Georgia Health Care Education and Research Foundation Inc is a registered charity in United States, based in Stockbridge, GA. It received its IRS tax-exemption ruling in November 1980, 46 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 June 2023, Georgia Health Care Education and Research Foundation Inc reported income of $150k and spending of $84k, leaving 44% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $135k to $150k (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 82%. Over the whole period it spent 43% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Georgia Health Care Education and Research Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within GA. Charities of a similar size with the same main cause include JHW Foundation Inc ($150k), Lewis County Ministerial ($150k) and Colegio Univeristario Bautista de Puerto Rico ($150k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.