Southern Gerontological Society
Analysis
Southern Gerontological Society is a registered charity in United States, based in Conyers, GA. It received its IRS tax-exemption ruling in March 1980, 46 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 2024, Southern Gerontological Society reported income of $224k and spending of $247k, spending 110% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $167k to $224k (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 106% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southern Gerontological Society sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within GA. Charities of a similar size with the same main cause include Medical Task Force International ($223k), Iowa Board of Substance Abuse Certification ($224k) and Hanani House ($223k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $50k (20% of expenses). At year end it held assets of $471k against liabilities of $130k, net assets of $341k. It reported 1 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 10%
- Program services 84%
- Other 5.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Medical Task Force International | Redlands | $223k |
| Iowa Board of Substance Abuse Certification | Des Moines | $224k |
| Hanani House | Saint Charles | $223k |
| Virginia Diabetes Council | Chesterfield | $224k |