Galveston Diaper Bank

Analysis

Galveston Diaper Bank is a registered charity in United States, based in Galveston, TX. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Galveston Diaper Bank reported income of $118k and spending of $276k, spending 234% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $202k to $118k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Galveston Diaper Bank sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Albert C Pierre Community Service Center Inc ($118k), Paynesville Community Service Center Inc ($118k) and Hapco Music Foundation Inc ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.