T — Philanthropy, Voluntarism & GrantmakingEIN: 371159944· Ruling Year: 1984

Galesburg Community Foundation

Galesburg, Illinois

AHealth Score
87A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

How This Organization Compares

Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org10.65×
Peer Median15.61×
💰
$13.6M
Total Revenue
📊
$4.1M
Total Expenses
🏦
$43.2M
Net Assets
📋
$4.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+206.1%
Year-over-year change (2022 → 2023)
Net Margin
+70.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.65
Net assets divided by total expenses
Liabilities-to-Assets
10.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$13,597,781↑206%$4,056,603↓2%$48,105,009↑25%
2022$4,442,595↓21%$4,118,553↑38%$38,367,792↓7%
2021$5,623,656↑6%$2,991,717↑22%$41,357,933↑14%
2020$5,287,709↑87%$2,447,501↑26%$36,384,445↑17%
2019$2,820,838↓63%$1,944,042↓5%$30,989,137↑16%
2018$7,678,157↑166%$2,037,224↑1%$26,641,459↑29%
2017$2,882,875↓11%$2,015,284↑9%$20,613,753↑12%
2016$3,233,100↑92%$1,855,680↑6%$18,341,404↑8%
2015$1,683,607↓27%$1,751,662↑26%$16,985,586
2014$2,300,182↑21%$1,390,055↑17%$17,054,110↑5%
2013$1,895,179↓6%$1,186,359↑21%$16,256,303↑21%
2012$2,008,329↑41%$980,950↓6%$13,411,431↑7%
2011$1,425,749$1,045,150$12,559,701

Frequently Asked Questions

What does Galesburg Community Foundation do?▼

Galesburg Community Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Illinois. It is classified under NTEE code T99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Galesburg Community Foundation financially healthy?▼

Based on our 9-metric Financial Health Score model, Galesburg Community Foundation has a score of 87/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Galesburg Community Foundation generate?▼

Galesburg Community Foundation reports $7.5M in annual revenue and holds $58.9M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Philanthropy, Voluntarism & Grantmaking category, or browse all nonprofits in Illinois.