Construction Education Foundation of Georgia Inc

Analysis

Construction Education Foundation of Georgia Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 1994, 32 years ago. 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 2023, Construction Education Foundation of Georgia Inc reported income of $4.9m and spending of $5.2m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $4.9m (+133%), an average of +24% a year. The sharpest change came in the year to June 2020, when income rose by 109%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Construction Education Foundation of Georgia Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Helping Hand Association Inc ($4.9m), Bethesda Home ($4.9m) and Central West Virginia Community Action Association Inc ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $215k (4.1% of expenses). Other salaries and wages came to $2.9m. It paid $32k in professional fundraising fees. At year end it held assets of $1.0m against liabilities of $302k, net assets of $737k. It reported 39 employees.