Glenbrook School of Minden Inc

Analysis

Glenbrook School of Minden Inc is a registered charity in United States, based in Minden, LA. It received its IRS tax-exemption ruling in November 1970, 56 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 July 2023, Glenbrook School of Minden Inc reported income of $4.2m and spending of $4.2m, spending 99% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $3.3m to $4.2m (+25%), an average of +5.8% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Glenbrook School of Minden Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within LA. Charities of a similar size with the same main cause include Northeast Charter Schools Network Inc ($4.2m), Bakersfield College Foundation ($4.2m) and The Academy Group ($4.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 30% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $170k (4.1% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $5.7m against liabilities of $169k, net assets of $5.6m. It reported 82 employees.