Glen Ridge Community Fund

Analysis

Glen Ridge Community Fund is a registered charity in United States, based in Glen Ridge, NJ. It received its IRS tax-exemption ruling in August 1953, 73 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2024, Glen Ridge Community Fund reported income of $88k and spending of $81k, spending 93% of its income. The sharpest change came in the year to September 2021, when income rose by 111%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Glen Ridge Community Fund sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Gainesville Jaycees Charities Inc ($88k), Capital City Education Alliance Inc ($88k) and West Point Community Foundation ($88k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.