Georgia Association of Student Financial Aid Administrators Inc

Analysis

Georgia Association of Student Financial Aid Administrators Inc is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Georgia Association of Student Financial Aid Administrators Inc reported income of $89k and spending of $100k, spending 113% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $46k to $89k (+92%), an average of +39% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Georgia Association of Student Financial Aid Administrators Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within GA. Charities of a similar size with the same main cause include Iyengar Yoga Institute of Pittsburgh ($89k), Monroe Area Soccer Association ($89k) and Bixby West Elementary Parent Teacher Organization Inc ($89k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 52% of the total. At year end it held assets of $404k against liabilities of $0, net assets of $404k.