Georgia Youth Homes Foundation

Analysis

Georgia Youth Homes Foundation is a registered charity in United States, based in Madison, GA. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Georgia Youth Homes Foundation reported income of $1.2m and spending of $1.6m, spending 139% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.9m to $1.2m (-40%), an average of -15% a year. The sharpest change came in the year to June 2022, when income dropped by 24%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Georgia Youth Homes Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include Community Food and Agriculture Coalition ($1.2m), Neighborhood Housing Services of Brooklyn Bedford-Stuyvesant CDC in ($1.2m) and Care Assurance System for the Aging and Homebound Casa of Madison Coun ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% of the total. Compensation of current officers, directors and key employees was $178k (11% of expenses). Other salaries and wages came to $82k. At year end it held assets of $26.8m against liabilities of $11.8m, net assets of $15.0m.