Mark Stephen Gallo Memorial Fund

Analysis

Mark Stephen Gallo Memorial Fund is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in January 1978, 48 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Mark Stephen Gallo Memorial Fund reported income of $54k and spending of $33k, leaving 39% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $21k to $54k (+155%), an average of +37% a year. The sharpest change came in the year to May 2021, when income rose by 351%. Over the whole period it spent 263% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mark Stephen Gallo Memorial Fund sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Philip Stutzman Souls4him Ministries Inc ($54k), Protect Next Generation ($54k) and David Turner Intl Ministries Inc ($54k).

At year end it held assets of $709k against liabilities of $0, net assets of $709k.