Glenwood H&l E&h Co Inc

Analysis

Glenwood H&l E&h Co Inc is a registered charity in United States, based in Glenwood LNDG, NY. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Glenwood H&l E&h Co Inc reported income of $2.0m and spending of $1.5m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.0m (+25%), an average of +5.8% a year. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Glenwood H&l E&h Co Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Volunteers in Medicine Berkshires Inc ($2.0m), Ulman Foundation Inc ($2.0m) and Childrens Hospital at Sinai Foundation Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $9,249 (0.6% of expenses). Other salaries and wages came to $89k. At year end it held assets of $10.1m against liabilities of $232k, net assets of $9.9m. It reported 21 employees.