Georgia Pharmacy Foundation Inc

Analysis

Georgia Pharmacy Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 1990, 36 years ago. 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 December 2023, Georgia Pharmacy Foundation Inc reported income of $72k and spending of $114k, spending 158% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $185k to $72k (-61%), an average of -17% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Georgia Pharmacy Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within GA. Charities of a similar size with the same main cause include Baltimore Transit Campaign Inc ($72k), Bingham Area Health Council Inc ($72k) and National Network of Abortion Funds ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% of the total. Compensation of current officers, directors and key employees was $18k (16% of expenses). At year end it held assets of $2.0m against liabilities of $15k, net assets of $2.0m. It reported 1 employees.