Gladwyne Hsa

Analysis

Gladwyne Hsa is a registered charity in United States, based in Gladwyne, PA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Gladwyne Hsa reported income of $72k and spending of $32k, leaving 55% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $51k to $72k (+42%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 647%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gladwyne Hsa sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within PA. Charities of a similar size with the same main cause include Legend Springs Elementary PTO ($72k), Friends of the Winthrop Public Library ($72k) and Hanover Foundation for Excellence in Education Inc ($72k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 89% of the total. At year end it held assets of $90k against liabilities of $7,433, net assets of $82k.