Glade Valley Athletic Association

Analysis

Glade Valley Athletic Association is a registered charity in United States, based in Walkersville, MD. It received its IRS tax-exemption ruling in February 1970, 56 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 December 2023, Glade Valley Athletic Association reported income of $311k and spending of $309k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $306k to $311k (+1.7%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 267%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Glade Valley Athletic Association sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MD. Charities of a similar size with the same main cause include Pitt County Educational Foundation Inc ($311k), Care 4 the Caregivers ($311k) and Iowa Behavioral Health Association ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 94% of the total. At year end it held assets of $193k against liabilities of $0, net assets of $193k.