Galilean Home Ministries Inc

Analysis

Galilean Home Ministries Inc is a registered charity in United States, based in Liberty, KY. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Galilean Home Ministries Inc reported income of $3.8m and spending of $3.8m, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $3.5m to $3.8m (+9.3%), an average of +1.8% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Galilean Home Ministries Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within KY. Charities of a similar size with the same main cause include Clewiston Christian School Inc ($3.8m), The City University of New York School of Law Foundation Inc ($3.8m) and New Vision House of Hope Incorporated ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $292k (7.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.1m against liabilities of $1.4m, net assets of $2.7m. It reported 208 employees.