Georgia Legislative Black Caucus Inc

Analysis

Georgia Legislative Black Caucus Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 2021, Georgia Legislative Black Caucus Inc reported income of $397k and spending of $415k, spending 105% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $158k to $397k (+151%), an average of +58% a year. The sharpest change came in the year to December 2020, when income rose by 243%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Georgia Legislative Black Caucus Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within GA. Charities of a similar size with the same main cause include Givio Charitable Foundation ($397k), Jeff C Kwok and Gladys W Kwok Fam Foundatioin ($397k) and Oyster Bay Charitable Fund ($396k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $154k. At year end it held assets of $81k against liabilities of $0, net assets of $81k.