Community Foundation of South Georgia Inc

Analysis

Community Foundation of South Georgia Inc is a registered charity in United States, based in Thomasville, GA. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Community Foundation of South Georgia Inc reported income of $12.5m and spending of $9.3m, leaving 26% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $11.8m to $12.5m (+6.2%), an average of +2.0% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation of South Georgia Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Scranton Area Foundation Inc ($12.5m), United Way of Erie County ($12.5m) and CNM Ingenuity Incoproration ($12.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Compensation of current officers, directors and key employees was $253k (2.7% of expenses). Other salaries and wages came to $137k. At year end it held assets of $117.1m against liabilities of $12.0m, net assets of $105.1m. It reported 3 employees.