Glen Ridge Athletic Association

Analysis

Glen Ridge Athletic Association is a registered charity in United States, based in Glen Ridge, NJ. It received its IRS tax-exemption ruling in March 1982, 44 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 May 2024, Glen Ridge Athletic Association reported income of $517k and spending of $501k, spending 97% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $241k to $517k (+115%), an average of +21% a year. The sharpest change came in the year to May 2022, when income rose by 63%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Glen Ridge Athletic Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include USA Swimming Inc ($517k), College Conference of Illinois and Wisconsin ($517k) and Sokol South Omaha ($516k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 97% of the total. At year end it held assets of $312k against liabilities of $35k, net assets of $277k.