Glorietta Parents Club

Analysis

Glorietta Parents Club is a registered charity in United States, based in Orinda, CA. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Glorietta Parents Club reported income of $578k and spending of $453k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $578k (-54%), an average of -18% a year. The sharpest change came in the year to June 2022, when income rose by 422%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Glorietta Parents Club sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Ironworkers Training and Education Fund ($577k), Literacy Chicago ($578k) and Institute for International Medicine ($577k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 68% of the total. At year end it held assets of $864k against liabilities of $0, net assets of $864k.