Galilean Theological Center

Analysis

Galilean Theological Center is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Galilean Theological Center reported income of $166k and spending of $157k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $121k to $166k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Galilean Theological Center 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 50th percentile, and in the 50th percentile within OH. Charities of a similar size with the same main cause include Elisha Mark Ministries ($166k), Friends of Missionaries of the Cross Foundation ($166k) and Dave Martin Ministries Inc ($166k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.