Wiregrass Georgia Technical College Foundation-South Inc

Analysis

Wiregrass Georgia Technical College Foundation-South Inc is a registered charity in United States, based in Valdosta, GA. It received its IRS tax-exemption ruling in July 1990, 36 years ago. 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 June 2023, Wiregrass Georgia Technical College Foundation-South Inc reported income of $2.0m and spending of $412k, leaving 79% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.8m to $2.0m (+12%), an average of +3.8% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 22% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wiregrass Georgia Technical College Foundation-South Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include The Wallingford Community Daycare Center Inc ($2.0m), Western Central Pennsylvania Electricians Joint Apprenticeship ($2.0m) and Hetlinger Developmental Services Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $6.1m against liabilities of $0, net assets of $6.1m.