Gala Community Center

Analysis

Gala Community Center is a registered charity in United States, based in Wolfeboro, NH. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Gala Community Center reported income of $588k and spending of $313k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $137k to $588k (+329%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 300%. Over the whole period it spent 29% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gala Community Center sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within NH. Charities of a similar size with the same main cause include Asian Womens Christian Association Inc ($588k), Option Inc ($588k) and Bethel New Life Inc ($588k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $64k (20% of expenses). Other salaries and wages came to $52k. At year end it held assets of $2.7m against liabilities of $26k, net assets of $2.7m. It reported 2 employees.