Glenn O Hawbaker Charity Account Inc

Analysis

Glenn O Hawbaker Charity Account Inc is a registered charity in United States, based in State College, PA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Glenn O Hawbaker Charity Account Inc reported income of $132k and spending of $110k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $132k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Glenn O Hawbaker Charity Account Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Rural Philanthropy Institute ($132k), National Math Foundation Inc ($132k) and Mid-Columbia Duck Race ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.