Galilee Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 72,809 | 31,969 | 40,840 | 61.2 | — |
| 2022 | 76,413 | 28,606 | 47,807 | 88.5 | — |
| 2023 | 74,863 | 22,521 | 52,342 | 140.3 | — |
| 2024 | 86,786 | 31,863 | 54,923 | 119.8 | — |
In its most recent public year (2024), this organization brought in $54,923 more than it spent. Its reserves stood at about 119.8 months of spending, up from 61.2 in 2021.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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