Marion J Gallagher Foundation Inc

Analysis

Marion J Gallagher Foundation Inc is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in November 1977, 49 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Marion J Gallagher Foundation Inc reported income of $62k and spending of $726k, spending 1164% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $801k to $62k (-92%), an average of -47% a year. The sharpest change came in the year to June 2023, when income rose by 116%. Over the whole period it spent 54% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Marion J Gallagher Foundation Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within MD. Charities of a similar size with the same main cause include CFC Loud N Clear Foundation ($62k), Kleine Levin Syndrome Foundation Inc ($62k) and United for the Mentally Ill Inc ($62k).

At year end it held assets of $10.4m against liabilities of $0, net assets of $10.4m.