The@foundry Inc

Analysis

The@foundry Inc is a registered charity in United States, based in Peachtree Cty, GA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The@foundry Inc reported income of $813k and spending of $751k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $211k to $813k (+286%), an average of +57% a year. The sharpest change came in the year to June 2022, when income rose by 63%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The@foundry Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Annoor Islamic School ($813k), Hume Lake Charter School ($813k) and Minndependent ($813k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Other salaries and wages came to $446k. At year end it held assets of $184k against liabilities of $72k, net assets of $112k. It reported 43 employees.