New Galilee Community Foundation

Analysis

New Galilee Community Foundation is a registered charity in United States, based in New Galilee, PA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, New Galilee Community Foundation reported income of $124k and spending of $115k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $124k (+14%), an average of +14% a year. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, New Galilee Community Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include The Apple Valley Community Resource Foundation ($124k), H Street Finance Corporation ($124k) and The Main Street Gentry Association ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.