Professional Association of Georgia Educators Foundation Inc

Analysis

Professional Association of Georgia Educators Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 1985, 41 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, Professional Association of Georgia Educators Foundation Inc reported income of $347k and spending of $106k, leaving 70% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $135k to $347k (+158%), an average of +27% a year. The sharpest change came in the year to June 2021, when income rose by 103%. Over the whole period it spent 40% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Professional Association of Georgia Educators Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include Jason Ritchie Memorial Hockey Scholarship Foundation Inc ($347k), Nature Track Foundation ($347k) and Cobra Booster Club ($347k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 5.3% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.