The Current Ga Inc

Analysis

The Current Ga Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in January 2020, 6 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, The Current Ga Inc reported income of $763k and spending of $771k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $349k to $763k (+118%), an average of +48% a year. The sharpest change came in the year to December 2022, when income rose by 121%. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Current Ga 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 76th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Sustain Charlotte Inc ($762k), Alaska Business Development Center Inc ($763k) and Mississippi Enterprise for Technology Inc ($762k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $300k. At year end it held assets of $606k against liabilities of $5,678, net assets of $600k. It reported 6 employees.