Glasgow High School Educational Trust

Analysis

Glasgow High School Educational Trust is a registered charity in United States, based in Glasgow, MT. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Glasgow High School Educational Trust reported income of $782k and spending of $119k, leaving 85% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $782k (-45%), an average of -14% a year. The sharpest change came in the year to June 2021, when income dropped by 70%. Over the whole period it spent 17% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Glasgow High School Educational Trust sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within MT. Charities of a similar size with the same main cause include Screen Sanity Inc ($782k), LHC Ministries Inc ($782k) and Mapleton Education Foundation ($782k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $11.2m against liabilities of $0, net assets of $11.2m.