Georgia Resilience and Opportunity Fund Inc

Analysis

Georgia Resilience and Opportunity Fund Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 2022, 4 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 December 2023, Georgia Resilience and Opportunity Fund Inc reported income of $15.4m and spending of $2.5m, leaving 84% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $2.5m to $15.4m (+521%), an average of +521% a year. The sharpest change came in the year to December 2023, when income rose by 521%. Over the whole period it spent 14% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Georgia Resilience and Opportunity Fund Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Evangelical Manor ($15.4m), Catholic Charities Bureau ($15.4m) and Hunger Network of Greater Cleveland ($15.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $160k (6.4% of expenses). Other salaries and wages came to $543k. At year end it held assets of $15.9m against liabilities of $605k, net assets of $15.3m. It reported 7 employees.