Glendale Educational Foundation

Analysis

Glendale Educational Foundation is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in May 1983, 43 years ago. 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 July 2023, Glendale Educational Foundation reported income of $255k and spending of $181k, leaving 29% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income fell from $294k to $255k (-13%), an average of -3.6% a year. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Glendale Educational Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Huron Mountain Wildlife Fundation Inc ($255k), PTA California Congress of Parents Teachers & Students Inc ($255k) and Akron Child Care Center Inc ($255k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 63% of the total. Compensation of current officers, directors and key employees was $104k (57% of expenses). At year end it held assets of $692k against liabilities of $8, net assets of $692k. It reported 2 employees.