Georgia United Credit Union Foundation Inc

Analysis

Georgia United Credit Union Foundation Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 United Credit Union Foundation Inc reported income of $869k and spending of $662k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $544k to $869k (+60%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Georgia United Credit Union Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Caves Valley Golf Club Foundation Inc ($869k), Freedom City Inc ($869k) and Global Academy Abc ($869k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $445k against liabilities of $0, net assets of $445k.