Galen Foundation

Analysis

Galen Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Galen Foundation reported income of $633k and spending of $3,371, leaving 99% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.1m to $633k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 0.4% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Galen Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include North American Sustainable Refrigeration Council ($632k), Ioos Association ($633k) and Yampatika Outdoor Awareness Association ($632k).

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 $1.7m against liabilities of $0, net assets of $1.7m.