Georgia Northwestern Technical College Foundation Inc

Analysis

Georgia Northwestern Technical College Foundation Inc is a registered charity in United States, based in Rome, GA. It received its IRS tax-exemption ruling in December 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Georgia Northwestern Technical College Foundation Inc reported income of $424k and spending of $229k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $705k to $424k (-40%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 52%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Georgia Northwestern Technical College Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within GA. Charities of a similar size with the same main cause include Black Professionals Network Inc ($424k), Patriots of Freedom Foundation Inc ($424k) and Orange County Historical Society Inc ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 25% of the total. At year end it held assets of $2.7m against liabilities of $3,163, net assets of $2.7m.