The Foundation for Geriatric Education

Analysis

The Foundation for Geriatric Education is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in October 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Foundation for Geriatric Education reported income of $1.3m and spending of $504k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.3m (+1.7%), an average of +0.4% a year. Over the whole period it spent 36% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Foundation for Geriatric Education sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within TN. Charities of a similar size with the same main cause include Virginia Section of the American Water Works Association Inc ($1.3m), Visual Armenia Foundation ($1.3m) and Childrens Place Association ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $19.2m against liabilities of $253k, net assets of $18.9m.