Julio & Aileen Gallo Youth Endowment

Analysis

Julio & Aileen Gallo Youth Endowment is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in December 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Julio & Aileen Gallo Youth Endowment reported income of $217k and spending of $118k, leaving 46% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $125 to $217k (+173510%), an average of +1102% a year. The sharpest change came in the year to May 2021, when income rose by 95019%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Julio & Aileen Gallo Youth Endowment sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Battle Dawgs ($217k), Yad Shifra Inc ($217k) and Women of Hope Resource Center Inc ($217k).

At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.