Glam4good Foundation

Analysis

Glam4good Foundation is a registered charity in United States, based in Dobbs Ferry, NY. It received its IRS tax-exemption ruling in March 2016, 10 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, Glam4good Foundation reported income of $1.1m and spending of $1.3m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.1m (-47%), an average of -15% a year. The sharpest change came in the year to December 2022, when income rose by 221%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Glam4good Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include 904ward Inc ($1.1m), Riverdale School Foundation ($1.1m) and Southern Illinois Community Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $286k (22% of expenses). At year end it held assets of $2.6m against liabilities of $42, net assets of $2.6m.