Georgia School Boards Association Workers Compensation Fund

Analysis

Georgia School Boards Association Workers Compensation Fund is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Georgia School Boards Association Workers Compensation Fund reported income of $20.6m and spending of $17.7m, spending 86% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $16.2m to $20.6m (+27%), an average of +5.0% a year. The sharpest change came in the year to June 2024, when income rose by 24%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Georgia School Boards Association Workers Compensation Fund sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include Riverton Street Charter School ($20.6m), Prospect Ridge Academy ($20.7m) and Georgia Tech Facilities Inc ($20.6m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 75% of the total. At year end it held assets of $91.9m against liabilities of $26.8m, net assets of $65.1m.