Georgia Charitable Care Network Inc

Analysis

Georgia Charitable Care Network Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 2004, 22 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, Georgia Charitable Care Network Inc reported income of $2.2m and spending of $2.0m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $690k to $2.2m (+212%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Georgia Charitable Care Network 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 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Booker T Washington Child Development Center Inc ($2.2m), Massachusetts Association of Community Development Corporation ($2.2m) and Parents of Preschoolers Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $121k (6.1% of expenses). Other salaries and wages came to $168k. At year end it held assets of $844k against liabilities of $379k, net assets of $465k. It reported 5 employees.