Georgia State University Foundation Inc

Analysis

Georgia State University Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 1961, 65 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Georgia State University Foundation Inc reported income of $75.1m and spending of $41.8m, leaving 44% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $44.0m to $75.1m (+71%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Georgia State University Foundation Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Clemson University Foundation ($75.0m), Trustees of Deerfield Academy ($75.1m) and Effective Ventures Foundation USA ($75.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 26% of the total. It paid $169k in professional fundraising fees. At year end it held assets of $505.0m against liabilities of $142.4m, net assets of $362.7m.