Glenwood Cemetery Historic Preservation Foundation

Analysis

Glenwood Cemetery Historic Preservation Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Glenwood Cemetery Historic Preservation Foundation reported income of $3.1m and spending of $9.9m, spending 322% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.5m to $3.1m (+101%), an average of +15% a year. The sharpest change came in the year to December 2019, when income rose by 187%. Over the whole period it spent 189% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Glenwood Cemetery Historic Preservation Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Society of Biblical Literature ($3.1m), East Bay Performing Arts ($3.1m) and The Center for Cultural Innovation ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. Other salaries and wages came to $101k. At year end it held assets of $6.4m against liabilities of $12.4m, net assets of -$6.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.