Gallantfew Inc

Analysis

Gallantfew Inc is a registered charity in United States, based in Roanoke, TX. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Gallantfew Inc reported income of $773k and spending of $619k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $899k to $773k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2020, when income dropped by 17%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gallantfew 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 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Fairbanks Area Surface Transportation Planning ($773k), The Saint Louis County Agricultural Fair Association ($773k) and American Society for Artificial Internal Organs Inc ($773k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $82k (13% of expenses). It paid $5,068 in professional fundraising fees. At year end it held assets of $393k against liabilities of $8,901, net assets of $384k. It reported 5 employees.