Gla America

Analysis

Gla America is a registered charity in United States, based in Sunnyvale, CA. It received its IRS tax-exemption ruling in July 1976, 50 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 March 2023, Gla America reported income of $66k and spending of $77k, spending 116% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income fell from $124k to $66k (-47%), an average of -19% a year. The sharpest change came in the year to March 2022, when income dropped by 51%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gla America sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Wayland Boosters Incorporated ($66k), Little League Baseball Inc ($66k) and California Federation of Womens Clubs ($66k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $678k against liabilities of $0, net assets of $678k.