Georgia Military College Foundation Inc

Analysis

Georgia Military College Foundation Inc is a registered charity in United States, based in Milledgeville, GA. It received its IRS tax-exemption ruling in July 1959, 67 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Georgia Military College Foundation Inc reported income of $3.5m and spending of $2.3m, leaving 34% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.7m to $3.5m (+112%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 659%. Over the whole period it spent 33% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Georgia Military College Foundation Inc sits at the 87th percentile: it is larger than about 86% 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 Nextflex Learning Programs ($3.5m), Out Teach ($3.5m) and University Preparatory Academy Palm Beach Inc ($3.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 62% of the total. At year end it held assets of $51.3m against liabilities of $2.9m, net assets of $48.4m. It reported 2 employees.