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Georgia School Board Association Risk & Insurance Management System

RegisteredEIN 58-2159813Lawrenceville, GAOther charitable purposes
Income$49.2m2024-06
Spending$53.1msame year
Spent / received102%6-year average
Size in its cause99th pctOther charitable purposes
Exempt since1997Publicly supported organisat
Employees0latest return

Analysis

Georgia School Board Association Risk & Insurance Management System is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in August 1997, 29 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 2024, Georgia School Board Association Risk & Insurance Management System reported income of $49.2m and spending of $53.1m, spending 108% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $24.1m to $49.2m (+104%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 33%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Georgia School Board Association Risk & Insurance Management System sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Gracelight Community Health ($49.1m), The Educational Alliance Inc ($49.3m) and Salt Lake Community Action Program ($49.1m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 94% of the total. At year end it held assets of $56.4m against liabilities of $36.0m, net assets of $20.4m.

Income and spending

$0$13.3m$26.6m$39.8m$53.1m2019 Income: $24,143,1382019 Spending: $27,605,66220192020 Income: $26,877,8892020 Spending: $28,629,44120202021 Income: $29,740,6652021 Spending: $24,655,18620212022 Income: $34,786,6042022 Spending: $30,539,63520222023 Income: $37,077,7672023 Spending: $40,545,13820232024 Income: $49,204,1882024 Spending: $53,121,3932024
IncomeSpending

Where the income comes from

  • Program services 94%
  • Other 6.5%

Similar-sized charities, same cause

CharityLocationIncome
Gracelight Community HealthLos Angeles$49.1m
The Educational Alliance IncNew York$49.3m
Salt Lake Community Action ProgramSalt Lake Cty$49.1m
Path IncPhiladelphia$49.4m