Glenkirk

Analysis

Glenkirk is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 1954, 72 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, Glenkirk reported income of $15.5m and spending of $15.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.9m to $15.5m (+4.2%), an average of +1.0% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Glenkirk sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Advocap Inc ($15.5m), Ilife LLC ($15.5m) and Southeast Regional Cooperative Inc ($15.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $95k (0.6% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $15.3m against liabilities of $4.2m, net assets of $11.1m. It reported 202 employees.