Georgia City Solutions Inc

Analysis

Georgia City Solutions Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Georgia City Solutions Inc reported income of $955k and spending of $1.0m, spending 107% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $309k to $955k (+209%), an average of +46% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Georgia City Solutions Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include South Bend & Vicinity Electrical ($954k), FTW Booster Club Inc ($955k) and Downtown Somerville Alliance ($954k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 64% of the total. Other salaries and wages came to $402k. At year end it held assets of $551k against liabilities of $453k, net assets of $98k.