Galatains 6 2 Inc

Analysis

Galatains 6 2 Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Galatains 6 2 Inc reported income of $2.3m and spending of $2.5m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.3m (+63%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Galatains 6 2 Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Mount Abarim Baptist Mission International Inc ($2.3m), Cabc USA Inc ($2.3m) and Moms in Prayer International ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $3.4m against liabilities of $2.5m, net assets of $908k.