Community Foundation of Northwest Georgia Inc

Analysis

Community Foundation of Northwest Georgia Inc is a registered charity in United States, based in Dalton, GA. It received its IRS tax-exemption ruling in July 1998, 28 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 Northwest Georgia Inc reported income of $10.2m and spending of $263.6m, spending 2585% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.9m to $10.2m (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2022, when income rose by 1633%. Over the whole period it spent 90% 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 Northwest 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 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Jewish Community Foundation of Southern Arizona ($10.2m), Community Foundation of Snohomish County ($10.2m) and Door County Community Foundation Inc ($10.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. Compensation of current officers, directors and key employees was $195k (0.1% of expenses). Other salaries and wages came to $381k. At year end it held assets of $88.7m against liabilities of $5.8m, net assets of $82.9m. It reported 6 employees.