Georgia Industrial Home Foundation Inc

Analysis

Georgia Industrial Home Foundation Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in October 1989, 37 years ago. 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 June 2023, Georgia Industrial Home Foundation Inc reported income of $296k and spending of $57k, leaving 81% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $117k to $296k (+152%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 139%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Georgia Industrial Home Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within GA. Charities of a similar size with the same main cause include National Bowhunter Education Foundation ($296k), Leadership Lorain County ($296k) and The Freedom Center of Okc LLC ($296k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $4.1m against liabilities of $0, net assets of $4.1m.