Glenforest School

Analysis

Glenforest School is a registered charity in United States, based in West Columbia, SC. It received its IRS tax-exemption ruling in March 1995, 31 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 2024, Glenforest School reported income of $1.6m and spending of $1.5m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $1.6m (+30%), an average of +6.7% a year. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Glenforest School sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within SC. Charities of a similar size with the same main cause include Temple Christian Academy Inc ($1.6m), Island School ($1.6m) and Ferguson Charitable Foundation ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $841k. At year end it held assets of $1.2m against liabilities of $751k, net assets of $447k. It reported 28 employees.