Gala Parent Association

Analysis

Gala Parent Association is a registered charity in United States, based in Ramsey, NJ. It received its IRS tax-exemption ruling in August 2023, 3 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 July 2023, Gala Parent Association reported income of $64k and spending of $64k, spending 101% of its income. Across the 6 years on record, from July 2018 to July 2023, income grew from $49k to $64k (+30%), an average of +5.5% a year. The sharpest change came in the year to July 2023, when income rose by 14245%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gala Parent Association sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 32nd percentile within NJ. Charities of a similar size with the same main cause include Save Our Schools NJ Community Organizing ($64k), PBCC Scholars Foundation Inc ($64k) and Mountain Home Volunteer Firedepartment Members Association Inc ($64k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 16% and program service revenue 78% of the total. At year end it held assets of $5,023 against liabilities of $0, net assets of $5,023.