Glade Run Foundation

Analysis

Glade Run Foundation is a registered charity in United States, based in Zelienople, PA. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Glade Run Foundation reported income of $947k and spending of $769k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $947k (-14%), an average of -3.6% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Glade Run Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Love City Inc ($947k), Carroll County Agricultural Society ($948k) and Buen Dia Corporation ($947k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% of the total. Other salaries and wages came to $187k. At year end it held assets of $7.2m against liabilities of $638k, net assets of $6.5m.