Galilee Eden Gardens Inc

Analysis

Galilee Eden Gardens Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in October 1983, 43 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2022, Galilee Eden Gardens Inc reported income of $3.5m and spending of $3.0m, spending 86% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $476k to $3.5m (+637%), an average of +95% a year. The sharpest change came in the year to December 2022, when income rose by 684%. Over the whole period it spent 83% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Galilee Eden Gardens Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within LA. Charities of a similar size with the same main cause include DC Doors ($3.5m), California Coalition for Rural Housing Project ($3.5m) and Fannie E Taylor Home for the Aged Taylor Manor Inc ($3.5m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 8.3% of the total. Other salaries and wages came to $38k. At year end it held assets of $352k against liabilities of $0, net assets of $352k.