Glenn Catholic Senior Communities Inc

Analysis

Glenn Catholic Senior Communities Inc is a registered charity in United States, based in Plymouth, MN. It received its IRS tax-exemption ruling in June 1986, 40 years ago. 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 June 2024, Glenn Catholic Senior Communities Inc reported income of $31.3m and spending of $28.1m, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $26.2m to $31.3m (+19%), an average of +4.5% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Glenn Catholic Senior Communities Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include LA Clinica de Los Campesinos Inc ($31.3m), American Training Inc ($31.3m) and Gosnold Inc ($31.3m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $64.4m against liabilities of $46.4m, net assets of $18.0m.