The Glo House Inc

Analysis

The Glo House Inc is a registered charity in United States, based in Burlington, WI. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, The Glo House Inc reported income of $183k and spending of $103k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $183k (+121%), an average of +121% a year. The sharpest change came in the year to December 2023, when income rose by 121%. Over the whole period it spent 72% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Glo House Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within WI. Charities of a similar size with the same main cause include Marjorie and Lewis Katz Community Center Inc ($183k), Walton Robotics Foundation ($184k) and Family Career and Community Leaders of America Inc ($183k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.