Georgia Southern University Research and SVC Foundation Inc

Analysis

Georgia Southern University Research and SVC Foundation Inc is a registered charity in United States, based in Statesboro, GA. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Georgia Southern University Research and SVC Foundation Inc reported income of $31.0m and spending of $29.3m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $11.9m to $31.0m (+161%), an average of +38% a year. The sharpest change came in the year to June 2023, when income rose by 146%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Georgia Southern University Research and SVC Foundation Inc 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 98th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include Simon Wiesenthal Center Inc ($31.0m), Seattle Symphony Orchestra Inc ($31.3m) and Artsquest ($30.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $21.8m against liabilities of $16.1m, net assets of $5.7m.