Galatians 62

Analysis

Galatians 62 is a registered charity in United States, based in Rock Hill, SC. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Galatians 62 reported income of $201k and spending of $218k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $201k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Galatians 62 sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 59th percentile within SC. Charities of a similar size with the same main cause include Viva Voices Choral Organization Inc ($201k), Historical Society of Dauphin County ($201k) and Capitol View Arts ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.