The Georgia Foundation for Physical Therapy Inc

Analysis

The Georgia Foundation for Physical Therapy Inc is a registered charity in United States, based in Henrico, VA. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, The Georgia Foundation for Physical Therapy Inc reported income of $65k and spending of $61k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $121k to $65k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 53% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Georgia Foundation for Physical Therapy Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within VA. Charities of a similar size with the same main cause include Better Life Foundation Inc ($65k), Cornerstone Retreat Center NFP ($65k) and Neighborhood Fellowship Compassion Clinic ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $256k against liabilities of $0, net assets of $256k.