Georgia Food Industry Education Foundation Inc
Analysis
Georgia Food Industry Education Foundation Inc is a registered charity in United States, based in Smyrna, GA. It received its IRS tax-exemption ruling in January 1996, 30 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 December 2023, Georgia Food Industry Education Foundation Inc reported income of $376k and spending of $302k, spending 80% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $264k to $376k (+42%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 89% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Georgia Food Industry Education Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within GA. Charities of a similar size with the same main cause include Freedom Christian Schools Inc ($376k), Northwest Federal Credit Union Foundation ($376k) and Genesis Academy ($376k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $1.2m against liabilities of $53k, net assets of $1.2m.
Income and spending
Where the income comes from
- Contributions & grants 74%
- Other 26%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Freedom Christian Schools Inc | Gettysburg | $376k |
| Northwest Federal Credit Union Foundation | Herndon | $376k |
| Genesis Academy | Burnsville | $376k |
| Growing Place Inc | Syracuse | $376k |