Steve Glidden Foundation

Analysis

Steve Glidden Foundation is a registered charity in United States, based in Newton Centre, MA. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Steve Glidden Foundation reported income of $63k and spending of $45k, leaving 28% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income fell from $98k to $63k (-36%), an average of -11% a year. The sharpest change came in the year to May 2021, when income rose by 186%. Over the whole period it spent 145% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Steve Glidden Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include Adly Publications ($63k), Learning Mission ($63k) and Western Insurance Scholarship Foundation ($63k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $658k against liabilities of $0, net assets of $658k.