Glebe of Richmond

Analysis

Glebe of Richmond is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Glebe of Richmond reported income of $600k and spending of $206k, leaving 66% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $635k to $600k (-5.5%), an average of -1.4% a year. Over the whole period it spent 35% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Glebe of Richmond sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include South Wilson Fire Company ($600k), Monongalia County Society for Disabled Children and Adults ($601k) and Chicago Sky Cares ($600k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $5.3m against liabilities of $1.7m, net assets of $3.6m.