Bristol Glen Inc

Analysis

Bristol Glen Inc is a registered charity in United States, based in Neptune, NJ. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Bristol Glen Inc reported income of $19.8m and spending of $22.6m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $22.3m to $19.8m (-12%), an average of -3.0% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bristol Glen Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include Bethesda Mission of Harrisburg ($19.7m), YMCA of the East Valley ($19.8m) and Feed the Hungry Pantry of Palm Beach County Inc ($19.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 101% of the total. Other salaries and wages came to $8.6m. At year end it held assets of $74.0m against liabilities of $44.8m, net assets of $29.2m. It reported 229 employees.