Galien Foundation Inc

Analysis

Galien Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover medical research, 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, Galien Foundation Inc reported income of $2.6m and spending of $2.4m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.6m (+15%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Galien Foundation 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 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include The American Laryngological Rhinological and Otological ($2.6m), Undiagnosed Diseases Network Foundation ($2.6m) and Special Love Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $196k (8.3% of expenses). At year end it held assets of $4.0m against liabilities of $833k, net assets of $3.2m. It reported 1 employees.