Glad World

Analysis

Glad World is a registered charity in United States, based in Jackson, WY. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Glad World reported income of $229k and spending of $224k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $229k (+92%), an average of +92% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Glad World sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within WY. Charities of a similar size with the same main cause include Peaceful Valley Baptist Camp ($229k), Iglesia Biblica Sublime Gracia ($229k) and Makespace Association Inc ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $63k. At year end it held assets of $24k against liabilities of $0, net assets of $24k. It reported 1 employees.