Glendale Family Foundation

Analysis

Glendale Family Foundation is a registered charity in United States, based in Edison, NJ. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Glendale Family Foundation reported income of $50k and spending of $23k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $51k to $50k (-2.9%), an average of -2.9% a year. Over the whole period it spent 36% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Glendale Family Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 19th percentile, and in the 26th percentile within NJ. Charities of a similar size with the same main cause include Leaf - the Lowy Endowment & Annuity Foundation - Inc ($50k), Events for Change Inc ($50k) and Connor William Olson Leadership Fund Inc ($50k).

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 $182k against liabilities of $0, net assets of $182k.