Society of the Cincinnati in the State of Georgia

Analysis

Society of the Cincinnati in the State of Georgia is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in August 1944, 82 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Society of the Cincinnati in the State of Georgia reported income of $308k and spending of $537k, spending 174% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $317k to $308k (-3.0%), an average of -0.8% a year. The sharpest change came in the year to December 2020, when income dropped by 66%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society of the Cincinnati in the State of Georgia sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within GA. Charities of a similar size with the same main cause include Laurelhurst Parent-Teacher Assoc ($308k), Carroll County Public Library Foundation Inc ($308k) and First Richland-Morrow Housing Inc III ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 29% of the total. At year end it held assets of $2.3m against liabilities of -$2,715, net assets of $2.3m.