Glen-Wood Inc
Analysis
Glen-Wood Inc is a registered charity in United States, based in Plentywood, MT. It received its IRS tax-exemption ruling in February 2025. 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 2020, Glen-Wood Inc reported income of $1.3m and spending of $1.3m, spending 102% of its income. Across the 2 years on record, from June 2019 to June 2020, income fell from $1.4m to $1.3m (-8.9%), an average of -8.9% a year. Over the whole period it spent 107% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Glen-Wood Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within MT. Charities of a similar size with the same main cause include Trousdale School Inc ($1.3m), Community Food Pantry ($1.3m) and Operation New Hope ($1.3m).
On its Form 990 for the period ending June 2020, revenue came from contributions and grants 7.9% and program service revenue 92% of the total. Other salaries and wages came to $758k. At year end it held assets of $490k against liabilities of $178k, net assets of $312k. It reported 52 employees.
Income and spending
Where the income comes from
- Contributions & grants 7.9%
- Program services 92%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Trousdale School Inc | Cleveland | $1.3m |
| Community Food Pantry | Butler | $1.3m |
| Operation New Hope | SN Bernrdno | $1.3m |
| First Presbyterian Church Child Care Center | Warren | $1.3m |