Georgia Research Alliance Inc

Analysis

Georgia Research Alliance Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 1991, 35 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 June 2023, Georgia Research Alliance Inc reported income of $8.2m and spending of $7.9m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.3m to $8.2m (-1.6%), an average of -0.4% a year. The sharpest change came in the year to June 2022, when income rose by 104%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Georgia Research Alliance Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include City Mission of Schenectady ($8.2m), New Castle County Head Start Inc ($8.2m) and Wishek Home for the Aged ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $374k (4.7% of expenses). Other salaries and wages came to $231k. At year end it held assets of $16.5m against liabilities of $12.0m, net assets of $4.5m. It reported 2 employees.