Galano Club Inc

Analysis

Galano Club Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 1984, 42 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 February 2024, Galano Club Inc reported income of $86k and spending of $58k, leaving 33% of income unspent that year. Across the 5 years on record, from February 2020 to February 2024, income grew from $66k to $86k (+31%), an average of +6.9% a year. The sharpest change came in the year to February 2022, when income rose by 21%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Galano Club Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within GA. Charities of a similar size with the same main cause include Miami Valley Association of Physicians of Indian Origin ($86k), Braden Markus Memorial Scholarship Fund ($86k) and Man Cave Health Inc ($86k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 88% of the total. At year end it held assets of $477k against liabilities of $0, net assets of $477k.