Valdosta State University Foundation Inc

Analysis

Valdosta State University Foundation Inc is a registered charity in United States, based in Valdosta, GA. It received its IRS tax-exemption ruling in January 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Valdosta State University Foundation Inc reported income of $5.9m and spending of $8.1m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.4m to $5.9m (-43%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Valdosta State University Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include West Michigan Academy of Arts and Academics ($5.9m), Behavioral Science Centers ($5.9m) and Ccsu Foundation Inc ($5.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 8.4% of the total. At year end it held assets of $68.4m against liabilities of $832k, net assets of $67.6m.