Georgia Welcome Co-Op

Analysis

Georgia Welcome Co-Op is a registered charity in United States, based in Tucker, GA. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Georgia Welcome Co-Op reported income of $1.8m and spending of $1.7m, spending 92% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $264k to $1.8m (+582%), an average of +90% a year. The sharpest change came in the year to September 2022, when income rose by 386%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Georgia Welcome Co-Op sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include Hands Together a Center for Children ($1.8m), Peace at Home Advocacy Center ($1.8m) and The Grace Center ($1.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 9.1% of the total. Other salaries and wages came to $220k. At year end it held assets of $781k against liabilities of $536k, net assets of $245k.