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Galesburg Community Foundation
Community Development · Galesburg, Illinois
246 E Main St Ste 101, Galesburg, IL 61401-4739
EIN: 371159944· Founded: Sep 1984· 42 years active· Filing Year: 2023
Annual Revenue
$13.6M
Total Expenses
$4.1M
Total Assets
$48.1M
Program Spending
3%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$292K
7.2% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$319K
Total Payroll
$611K
15% of total expenses
Where the Money Goes
3%
Programs: 3%
Payroll: 15%
Other overhead: 97%
Program Revenue$136K (1%)
Total Expenses$4.1M (30%)
Payroll$611K (15%)
Overhead (non-program)97%
Trust Score Breakdown
Program Spending Ratio
3% of expenses go to programs
Revenue & Stability
$13.6M annual revenue
Executive Compensation
$292K total officer comp (7.2% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$48.1M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.