Georgia College & State University Foundation Inc

Analysis

Georgia College & State University Foundation Inc is a registered charity in United States, based in Milledgeville, GA. It received its IRS tax-exemption ruling in October 1960, 66 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Georgia College & State University Foundation Inc reported income of $3.8m and spending of $3.0m, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $8.9m to $3.8m (-58%), an average of -25% a year. The sharpest change came in the year to June 2022, when income dropped by 43%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Georgia College & State University Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Salem Baptist Christian School ($3.8m), Escuela Del Sol Montessori Inc ($3.8m) and Redding Christian School ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 3.2% of the total. At year end it held assets of $61.2m against liabilities of $8.2m, net assets of $53.1m. It reported 6 employees.