Glenhaven Inc

Analysis

Glenhaven Inc is a registered charity in United States, based in Glenwood City, WI. It received its IRS tax-exemption ruling in March 1961, 65 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Glenhaven Inc reported income of $3.7m and spending of $4.3m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.6m to $3.7m (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2021, when income dropped by 17%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Glenhaven Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WI. Charities of a similar size with the same main cause include MN Community Measurement ($3.7m), Hidalgo County Clinical Services Inc ($3.7m) and Ross-West View Emergency Medical Services Authority ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $223k (5.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $9.2m against liabilities of $8.1m, net assets of $1.0m. It reported 82 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.