Georgia Nurses Foundation Inc

Analysis

Georgia Nurses Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 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 Nurses Foundation Inc reported income of $591k and spending of $591k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $183k to $591k (+223%), an average of +34% a year. The sharpest change came in the year to June 2020, when income rose by 53%. Over the whole period it spent 148% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Georgia Nurses Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Christ Evangelical Lutheran Church ($591k), Attention Deficit Disorder Association ($591k) and Immanuel Broadcasting Network Inc ($591k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. At year end it held assets of $1.8m against liabilities of $3,471, net assets of $1.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.