South Georgia Technical Institute Foundation Inc

Analysis

South Georgia Technical Institute Foundation Inc is a registered charity in United States, based in Americus, GA. It received its IRS tax-exemption ruling in June 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, South Georgia Technical Institute Foundation Inc reported income of $1.2m and spending of $670k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.2m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Georgia Technical Institute Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include The Turn ($1.2m), Williston Central Christian Academy Inc ($1.2m) and Texas A&m-San Antonio Institute for School and Community Partnerships ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $14.3m against liabilities of $0, net assets of $14.3m.