Glendora Education Foundation

Analysis

Glendora Education Foundation is a registered charity in United States, based in Glendora, CA. It received its IRS tax-exemption ruling in February 2004, 22 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, Glendora Education Foundation reported income of $415k and spending of $282k, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $440k to $415k (-5.8%), an average of -1.5% a year. The sharpest change came in the year to June 2021, when income rose by 50%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Glendora Education Foundation 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 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Read for Literacy Inc ($415k), Luna Stage Co Inc ($415k) and DC Way Academy ($415k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 108% of the total. Other salaries and wages came to $108k. At year end it held assets of $649k against liabilities of $1,008, net assets of $648k. It reported 3 employees.