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Great Exchange Inc

RegisteredEIN 90-1033033Watkinsville, GAReligion
Income$299k2023-12
Spending$200ksame year
Spent / received79%5-year average
Size in its cause74th pctReligion
Exempt since2014Publicly supported organisat
Employees2latest return

Analysis

Great Exchange Inc is a registered charity in United States, based in Watkinsville, GA. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Great Exchange Inc reported income of $299k and spending of $200k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $299k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Great Exchange Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within GA. Charities of a similar size with the same main cause include Christian Community Center Inc ($299k), Beyond Borders Inc ($299k) and Equipping the Saints ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $110k (55% of expenses). At year end it held assets of $274k against liabilities of $0, net assets of $274k. It reported 2 employees.

Income and spending

$0$75k$151k$226k$301k2019 Income: $228,7302019 Spending: $221,31820192020 Income: $234,7292020 Spending: $218,60520202021 Income: $218,4652021 Spending: $179,56220212022 Income: $301,1042022 Spending: $198,87820222023 Income: $299,2542023 Spending: $200,2842023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Other 1.6%

Similar-sized charities, same cause

CharityLocationIncome
Christian Community Center IncBaltimore$299k
Beyond Borders IncEssex$299k
Equipping the SaintsWeyers Cave$299k
Victory Christian Ministries of Lexington IncLexington$299k