Galveston County Community Act

Analysis

Galveston County Community Act is a registered charity in United States, based in Galveston, TX. It received its IRS tax-exemption ruling in February 1966, 60 years ago. 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 November 2023, Galveston County Community Act reported income of $1.2m and spending of $770k, leaving 33% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income fell from $5.5m to $1.2m (-79%), an average of -32% a year. The sharpest change came in the year to November 2022, when income dropped by 68%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Galveston County Community Act sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Public Safety Chaplaincy Inc ($1.2m), Great Pond Mountain Conservation TR ($1.2m) and Hollywood Partnership Ventures ($1.2m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 19% of the total. Other salaries and wages came to $374k. At year end it held assets of $616k against liabilities of $705k, net assets of -$89k. It reported 10 employees.