Glenna Joyce Testamentary TR 0129-0013-00-2

Analysis

Glenna Joyce Testamentary TR 0129-0013-00-2 is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in November 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Glenna Joyce Testamentary TR 0129-0013-00-2 reported income of $2.2m and spending of $1.5m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.2m (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2020, when income rose by 429%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Glenna Joyce Testamentary TR 0129-0013-00-2 sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Skyrocket Education Inc ($2.2m), Folsom Prep Academy ($2.2m) and Early Excellence Program of Denver Inc ($2.2m).

Compensation of current officers, directors and key employees was $240k (16% of expenses). At year end it held assets of $38.1m against liabilities of $0, net assets of $38.1m.