Glenwood Park Trust

Analysis

Glenwood Park Trust is a registered charity in United States, based in Middleburg, VA. It received its IRS tax-exemption ruling in March 1985, 41 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, Glenwood Park Trust reported income of $159k and spending of $93k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $84k to $159k (+90%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 176%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Glenwood Park Trust sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Deep River Historical Society Incorporated ($159k), Kettering Childrens Choir ($159k) and Vestavia Hills Parent Organization Inc ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 21% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.