Friends of Glen Gray Inc

Analysis

Friends of Glen Gray Inc is a registered charity in United States, based in Mahwah, NJ. It received its IRS tax-exemption ruling in March 2001, 25 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 December 2023, Friends of Glen Gray Inc reported income of $182k and spending of $164k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $122k to $182k (+49%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Glen Gray Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include Cabbagetown Initiative Community Development Corp ($182k), Central League - SC Amateur Soccer Association ($182k) and Pensacola Youth Soccer Inc ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 33% of the total. Other salaries and wages came to $38k. At year end it held assets of $543k against liabilities of $7,680, net assets of $536k. It reported 1 employees.