University of Georgia Foundation

Analysis

University of Georgia Foundation is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in August 1944, 82 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, University of Georgia Foundation reported income of $257.7m and spending of $160.6m, leaving 38% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $126.1m to $257.7m (+104%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 78%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Georgia Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within GA. Charities of a similar size with the same main cause include University of Scranton ($257.5m), Lafayette College ($259.0m) and Bryant University ($255.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 66% and program service revenue 0.7% of the total. At year end it held assets of $2.19bn against liabilities of $96.1m, net assets of $2.10bn.