Galileo Leadership Consortium

Analysis

Galileo Leadership Consortium is a registered charity in United States, based in Fraser, MI. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Galileo Leadership Consortium reported income of $236k and spending of $167k, leaving 29% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $206k to $236k (+15%), an average of +15% a year. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Galileo Leadership Consortium sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include Foundation of Hope ($236k), William S Hart Education Foundation ($236k) and Lowther Building Fund Inc ($236k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $107k (64% of expenses). At year end it held assets of $128k against liabilities of $0, net assets of $128k.