Georgia Federal-State Shipping Point Inspection Service Inc

Analysis

Georgia Federal-State Shipping Point Inspection Service Inc is a registered charity in United States, based in Albany, GA. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a organisation that tests for public safety under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Georgia Federal-State Shipping Point Inspection Service Inc reported income of $26.7m and spending of $24.1m, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $19.2m to $26.7m (+39%), an average of +6.8% a year. The sharpest change came in the year to June 2024, when income rose by 26%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Georgia Federal-State Shipping Point Inspection Service Inc sits at the 98th percentile: it is larger than about 98% of them. 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 Young Mens Christian Assoc of Birmingham ($26.7m), Yad Elka Inc ($26.7m) and Holt International Childrens Services Inc ($26.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $273k (1.1% of expenses). Other salaries and wages came to $14.4m. At year end it held assets of $25.0m against liabilities of $2.2m, net assets of $22.8m. It reported 1,228 employees.