Visually Impaired Foundation of Georgia Inc

Analysis

Visually Impaired Foundation of Georgia Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Visually Impaired Foundation of Georgia Inc reported income of $277k and spending of $242k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $290k to $277k (-4.3%), an average of -1.1% a year. The sharpest change came in the year to December 2020, when income dropped by 16%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Visually Impaired Foundation of Georgia Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include Warehouse of Hope Inc ($277k), Johnson County Friends Feeding Friends ($278k) and Deep City Water Lodge 751 Charties Incorporated ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $47k (19% of expenses). Other salaries and wages came to $18k. At year end it held assets of $55k against liabilities of $65k, net assets of -$10k. It reported 3 employees.