Georgia State University Athletic Association Inc

Analysis

Georgia State University Athletic Association Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 1963, 63 years ago. 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 2023, Georgia State University Athletic Association Inc reported income of $32.7m and spending of $30.8m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $29.9m to $32.7m (+9.3%), an average of +2.2% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Georgia State University Athletic Association Inc sits at the 99th 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 Southern Highlands Community Mental Health Center ($32.7m), Tax Analysts ($32.8m) and St Bernards Healthcare ($32.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $622k (2.0% of expenses). Other salaries and wages came to $9.8m. At year end it held assets of $25.8m against liabilities of $9.0m, net assets of $16.8m. It reported 234 employees.