Galilee Family Enrichment Center Inc

Analysis

Galilee Family Enrichment Center Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in December 2013, 13 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, Galilee Family Enrichment Center Inc reported income of $861k and spending of $728k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $364k to $861k (+137%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Galilee Family Enrichment Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within LA. Charities of a similar size with the same main cause include The Good Shephard ($861k), Nourish Farms Inc ($861k) and Goodworks Counseling Inc ($861k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $28k (3.9% of expenses). Other salaries and wages came to $353k. At year end it held assets of $1.1m against liabilities of $105k, net assets of $950k. It reported 26 employees.