Galilee Community Development Corporation

Analysis

Galilee Community Development Corporation is a registered charity in United States, based in Suitland, MD. It received its IRS tax-exemption ruling in March 2004, 22 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 (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 Community Development Corporation reported income of $64k and spending of $61k, spending 95% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $128k to $64k (-50%), an average of -29% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Galilee Community Development Corporation sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within MD. Charities of a similar size with the same main cause include Alliance for Unitive Justice ($64k), Vesta Germantown Inc ($64k) and Arkansas Senior Care Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.2% of the total. At year end it held assets of $61k against liabilities of $42k, net assets of $19k.