Georgia Mining Foundation Inc

Analysis

Georgia Mining Foundation Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in May 1994, 32 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 Mining Foundation Inc reported income of $85k and spending of $83k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $73k to $85k (+16%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Georgia Mining Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within GA. Charities of a similar size with the same main cause include Klein Support Groups Inc ($85k), Comstock Foundation for History and Culture ($85k) and Good-Well Giving Group Inc ($85k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $255k against liabilities of $0, net assets of $255k.