Georgia Hospital Association Research & Education Foundation in

Analysis

Georgia Hospital Association Research & Education Foundation in is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 1965, 61 years ago. 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 December 2023, Georgia Hospital Association Research & Education Foundation in reported income of $8.9m and spending of $8.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.7m to $8.9m (+3.0%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income dropped by 60%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Georgia Hospital Association Research & Education Foundation in sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Ems Inc ($8.9m), Family Life Ministries Inc ($8.9m) and Coastal Medical Associates Inc ($8.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $752k (8.8% of expenses). Other salaries and wages came to $524k. At year end it held assets of $4.2m against liabilities of $3.3m, net assets of $907k.