College of Coastal Georgia Foundation Inc

Analysis

College of Coastal Georgia Foundation Inc is a registered charity in United States, based in Brunswick, GA. It received its IRS tax-exemption ruling in May 1968, 58 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 December 2023, College of Coastal Georgia Foundation Inc reported income of $3.2m and spending of $1.9m, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $3.2m (+112%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 220%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College of Coastal Georgia Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Falcon Ridge Public Charter School ($3.2m), Virtual Enterprises International Inc ($3.2m) and Insight at San Joaquin ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 1.2% of the total. At year end it held assets of $25.6m against liabilities of $359k, net assets of $25.3m.