Galactosemia Foundation

Analysis

Galactosemia Foundation is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in August 1990, 36 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Galactosemia Foundation reported income of $477k and spending of $258k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $116k to $477k (+311%), an average of +42% a year. The sharpest change came in the year to December 2020, when income rose by 97%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Galactosemia Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Pickens County Advocacy Center Inc ($477k), Plan of Maryland DC Inc ($477k) and Michigan Safety Conference Inc ($477k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% and program service revenue 0.3% of the total. At year end it held assets of $782k against liabilities of $0, net assets of $782k.