Georgia Center for Opportunity Inc

Analysis

Georgia Center for Opportunity Inc is a registered charity in United States, based in Peachtree Cor, GA. It received its IRS tax-exemption ruling in November 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Center for Opportunity Inc reported income of $3.8m and spending of $3.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.8m (+84%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Georgia Center for Opportunity Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Santa Barbara Charter School ($3.8m), Mercy Learning Center of Bridgeport Incorporated ($3.8m) and Manor Montessori School Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $174k (4.5% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $766k against liabilities of $109k, net assets of $658k. It reported 28 employees.