Georgia Association of Realtors Scholarship Foundation Inc
Analysis
Georgia Association of Realtors Scholarship Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending January 2024, Georgia Association of Realtors Scholarship Foundation Inc reported income of $171k and spending of $135k, leaving 21% of income unspent that year. Across the 5 years on record, from January 2020 to January 2024, income grew from $151k to $171k (+13%), an average of +3.1% a year. The sharpest change came in the year to January 2022, when income rose by 443%. Over the whole period it spent 55% 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 Realtors Scholarship Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within GA. Charities of a similar size with the same main cause include Taos Institute ($171k), South Rowan Public Schools Bible Teaching Association ($171k) and James E Taylor Band Boosters ($171k).
On its Form 990 for the period ending January 2024, revenue came from contributions and grants 54% of the total. At year end it held assets of $2.2m against liabilities of $19k, net assets of $2.2m.
Income and spending
Where the income comes from
- Contributions & grants 54%
- Other 46%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Taos Institute | Dallas | $171k |
| South Rowan Public Schools Bible Teaching Association | Landis | $171k |
| James E Taylor Band Boosters | Katy | $171k |
| Cinco Ranch High School Band Boosters Inc | Katy | $171k |