Germanna Community College Real Estate Foundation

Analysis

Germanna Community College Real Estate Foundation is a registered charity in United States, based in Locust Grove, VA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Germanna Community College Real Estate Foundation reported income of $498k and spending of $836k, spending 168% of what it took in. The sharpest change came in the year to December 2023, when income dropped by 73%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Germanna Community College Real Estate Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within VA. Charities of a similar size with the same main cause include Christian Life School of Theology Global Inc ($498k), Bethel Park Music Boosters ($498k) and Ace Mentor Program of America Inc ($498k).

At year end it held assets of $14.9m against liabilities of $10.8m, net assets of $4.1m.