Galloway School Inc

Analysis

Galloway School Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 1969, 57 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Galloway School Inc reported income of $36.2m and spending of $26.4m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $23.4m to $36.2m (+55%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Galloway School Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Visiting Nurse Association of Florida Inc ($36.2m), Patriot Services Group Inc ($36.2m) and Riverbend Community Mental Health Inc ($36.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $888k (3.4% of expenses). Other salaries and wages came to $12.6m. At year end it held assets of $73.7m against liabilities of $13.2m, net assets of $60.5m. It reported 323 employees.