Galileo Foundation

Analysis

Galileo Foundation is a registered charity in England and Wales, based in London. It was registered in November 2017, 9 years ago. Its declared purposes cover general charitable purposes, which this site groups under grant-making and general purposes. Legally it is a charitable company (Companies House number 10283625). It says it makes grants to individuals and makes grants to organisations.

In the financial year ending July 2024, Galileo Foundation reported income of £723k and spending of £763k, spending 106% of what it took in. Across the 4 years on record, from July 2021 to July 2024, income grew from £51k to £723k (+1324%), an average of +142% a year. The sharpest change came in the year to July 2022, when income rose by 2841%. Over the whole period it spent 103% of the income it received.

Among 5,976 England and Wales charities whose main cause is grant-making and general purposes and that reported income, Galileo Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in England and Wales with reported income it ranks in the 92nd percentile. Charities of a similar size with the same main cause include Ove Arup Partnership Charitable Trust (£719k), The J Isaacs Charitable Trust (£725k) and Herbert and Stefanie Straus Memorial Trust (£717k).

In its latest detailed accounts, income came from donations and legacies 100%. Charitable activities took 79% of spending and raising funds 19%. Reserves of £124k would cover about 2 months of spending at that rate. It employed 1 people.

Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue.