Galilee Foundation

Analysis

Galilee Foundation is a registered charity in United States, based in Arcadia, CA. It received its IRS tax-exemption ruling in November 2016, 10 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 June 2024, Galilee Foundation reported income of $87k and spending of $32k, leaving 63% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $75k to $87k (+16%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 34% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Galilee Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include The Varkey Charitable Foundation Inc ($87k), Interfaith Network of Care Inc ($87k) and Health Care Is a Human Right Inc ($87k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 84% of the total. At year end it held assets of $318k against liabilities of $0, net assets of $318k.