Glenn Garcelon Foundation

Analysis

Glenn Garcelon Foundation is a registered charity in United States, based in Coppell, TX. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Glenn Garcelon Foundation reported income of $171k and spending of $147k, spending 86% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $102k to $171k (+68%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Glenn Garcelon Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Billy Foundation ($171k), Serbian American Medical Association Sama Inc ($171k) and Hope 365 ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 112% of the total. At year end it held assets of $151k against liabilities of $2,587, net assets of $148k.