Variety-The Childrens Charity of Georgia Inc

Analysis

Variety-The Childrens Charity of Georgia Inc is a registered charity in United States, based in Johns Creek, GA. It received its IRS tax-exemption ruling in January 2024, 2 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Variety-The Childrens Charity of Georgia Inc reported income of $56k and spending of $174k, spending 312% of what it took in. Across the 6 years on record, from September 2018 to September 2023, income fell from $311k to $56k (-82%), an average of -29% a year. The sharpest change came in the year to September 2022, when income rose by 99%. Over the whole period it spent 116% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Variety-The Childrens Charity of Georgia Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within GA. Charities of a similar size with the same main cause include Southcoast Health Ambassadors Inc ($56k), Nicholas P Koenig Hero Foundation Inc ($56k) and Border AIDS Partnership ($56k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 73% of the total. Compensation of current officers, directors and key employees was $65k (37% of expenses). At year end it held assets of $406k against liabilities of $17k, net assets of $389k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.