Glasser-Schoenbaum Human Services Center Inc

Analysis

Glasser-Schoenbaum Human Services Center Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in November 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Glasser-Schoenbaum Human Services Center Inc reported income of $4.0m and spending of $3.9m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $4.0m (+295%), an average of +41% a year. The sharpest change came in the year to June 2020, when income rose by 94%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Glasser-Schoenbaum Human Services Center Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Access of the Red River Valley Inc ($4.0m), Hispanic Family Center Southern NJ Inc ($4.1m) and Arsolas Distribution Center and Community Services ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 10% of the total. Other salaries and wages came to $429k. At year end it held assets of $12.8m against liabilities of $6,414, net assets of $12.8m. It reported 11 employees.