Georgia Southern University Athletic Foundation Inc

Analysis

Georgia Southern University Athletic Foundation Inc is a registered charity in United States, based in Statesboro, GA. It received its IRS tax-exemption ruling in November 1982, 44 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 2024, Georgia Southern University Athletic Foundation Inc reported income of $15.3m and spending of $9.0m, leaving 41% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $5.4m to $15.3m (+186%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 77%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Georgia Southern University Athletic Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Northeast Bronx Day Care Center Inc ($15.3m), Good Samaritan Lutheran Health Care Center Inc ($15.3m) and Goodwill Vision Enterprises Inc ($15.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% and program service revenue 12% of the total. At year end it held assets of $62.2m against liabilities of $31.6m, net assets of $30.6m. It reported 7 employees.