GLOVE HOUSE INC
Mission Statement
Glove House serves youth and families from 15 New York State counties. We encourage change by reigniting hope, guiding children and empowering families to live successfully through locally provided services: crisis stabilization, prevention, counseling, advocacy, and the creation of positive learning environments. Glove House was founded in 1970 by Norman "Chuck" Jennings, a professional boxer, along with his wife, Nellie, and the community of Elmira, NY. They recognized there were boys in Elmira who had no place to call home and lacked a plan for a sustainable future. And so, the doors of Glove House opened to 7 teenage boys. Over time, the communities we serve have grown and evolved as has how we serve them, now focusing on keeping youth in their homes providing wrap-around care through a variety of programs. Today Glove House serves approximately 540 youth and adults through person-centered, trauma-informed approaches.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
84.2% | 85.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.9% | 11.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.9% | 0.5% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
320.7% | 140.2% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2.4 mo | 9.3 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
40.5% | 12.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.8% | 92.3% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-5.2% | 5.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-1.3% | 5.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-6.4% | 2.7% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Improved mental health, provided foster parents, improved school-based outcomes | 545 | $45.00 | — | Per Day |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $9.1M | $9.6M | $1.9M | 84.2% | 111 |
| 2024 | $9.6M | $9.8M | $2.5M | 82.8% | 134 |
| 2023 | $9.0M | $9.1M | $2.7M | 80.5% | 143 |
| 2022 | $9.4M | $8.5M | $2.7M | 85.1% | 201 |
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