Gesher Galicia Inc

Analysis

Gesher Galicia Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Gesher Galicia Inc reported income of $127k and spending of $274k, spending 215% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $188k to $127k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 140% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gesher Galicia Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Worldwide Foundation ($127k), Truth Unleashed Ministries Inc ($127k) and Pyp Yog Foundation Inc NFP ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $211k against liabilities of $0, net assets of $211k.