Glenoaks Elementary School Foundation

Analysis

Glenoaks Elementary School Foundation is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Glenoaks Elementary School Foundation reported income of $65k and spending of $84k, spending 129% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $42k to $65k (+52%), an average of +52% a year. The sharpest change came in the year to June 2023, when income rose by 52%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Glenoaks Elementary School 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 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include New Hampshire Golf Course Superintendents Association ($65k), National Association of Perinatal Social Workers ($65k) and Cougar Boosters Inc ($65k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 4.1% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.