Glorian Publishing Inc

Analysis

Glorian Publishing Inc is a registered charity in United States, based in Old Saybrook, CT. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Glorian Publishing Inc reported income of $166k and spending of $146k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $228k to $166k (-27%), an average of -7.6% a year. The sharpest change came in the year to June 2022, when income dropped by 25%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Glorian Publishing Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within CT. Charities of a similar size with the same main cause include Sierra Vista Volunteer Interfaith Caregiver Program Inc ($166k), Shri Gajanan Seva ($166k) and Society of Saint Vincent de Paul in the Archdiocese of Boston ($166k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $405k against liabilities of $1,036, net assets of $404k.