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Glenelg Country School Inc

RegisteredEIN 52-0674564Ellicott City, MDEducation and training
Income$26.1m2023-06
Spending$26.0msame year
Spent / received101%5-year average
Size in its cause97th pctEducation and training
Exempt since1958School
Employees326latest return

Analysis

Glenelg Country School Inc is a registered charity in United States, based in Ellicott City, MD. It received its IRS tax-exemption ruling in July 1958, 68 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Glenelg Country School Inc reported income of $26.1m and spending of $26.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $23.2m to $26.1m (+13%), an average of +3.0% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Glenelg Country School Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MD. Charities of a similar size with the same main cause include Cardinal Services Inc of Indiana ($26.1m), The Kings Academy ($26.1m) and Hynes Charter School Corporation ($26.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $546k (2.1% of expenses). At year end it held assets of $35.0m against liabilities of $12.6m, net assets of $22.3m. It reported 326 employees.

Income and spending

$0$6.9m$13.8m$20.6m$27.5m2019 Income: $23,220,2552019 Spending: $24,129,31720192020 Income: $22,398,3512020 Spending: $24,977,51120202021 Income: $22,212,3032021 Spending: $22,705,05420212022 Income: $27,524,2812022 Spending: $24,847,67120222023 Income: $26,146,5542023 Spending: $26,047,6502023
IncomeSpending

Where the income comes from

  • Contributions & grants 1.9%
  • Program services 95%
  • Other 2.9%

Similar-sized charities, same cause

CharityLocationIncome
Cardinal Services Inc of IndianaWarsaw$26.1m
The Kings AcademySunnyvale$26.1m
Hynes Charter School CorporationNew Orleans$26.1m
One Million DegreesChicago$26.2m