Augusta Exchange Club Charity Fund Inc

Analysis

Augusta Exchange Club Charity Fund Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in November 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 2022, Augusta Exchange Club Charity Fund Inc reported income of $433k and spending of $101k, leaving 77% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $121k to $433k (+256%), an average of +53% a year. The sharpest change came in the year to December 2021, when income rose by 263%. Over the whole period it spent 36% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Augusta Exchange Club Charity Fund Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within GA. Charities of a similar size with the same main cause include Crittenton Foundation Inc ($433k), Turning Points for Children Charitable Foundation ($433k) and Travis Credit Unions Community Financial Wellness Fund ($433k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 89% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.