Glade Run Medical Associates

Analysis

Glade Run Medical Associates is a registered charity in United States, based in Kittanning, PA. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Glade Run Medical Associates reported income of $6.7m and spending of $14.5m, spending 217% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.5m to $6.7m (-21%), an average of -5.7% a year. The sharpest change came in the year to June 2023, when income dropped by 24%. Over the whole period it spent 170% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Glade Run Medical Associates sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Hopespoke ($6.7m), Penfield Childrens Center ($6.7m) and Make-A-Wish Foundation of Massachusetts and Rhode Island Inc ($6.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $4.0m. At year end it held assets of $1.5m against liabilities of $920k, net assets of $594k. It reported 88 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.