Gale Healthcare Foundation Inc

Analysis

Gale Healthcare Foundation Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Gale Healthcare Foundation Inc reported income of $147k and spending of $108k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $192k to $147k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 39% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gale Healthcare Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($147k), Hepburn Library of Madrid ($147k) and Seminole Montessori School Inc ($147k).

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 $207k against liabilities of $0, net assets of $207k.