John Glenn Education Foundation

Analysis

John Glenn Education Foundation is a registered charity in United States, based in Walkerton, IN. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, John Glenn Education Foundation reported income of $100k and spending of $55k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $100k (+120%), an average of +120% a year. The sharpest change came in the year to December 2023, when income rose by 120%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, John Glenn Education Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within IN. Charities of a similar size with the same main cause include South Umpqua School Education Found Ation Inc ($100k), Oklahoma Health Sciences Facility ($100k) and Villa Park High School Grad Night Committee ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $345k against liabilities of $0, net assets of $345k.