Charity Search / CARRIE E AND LENA V GLENN FOUNDATION INC
Philanthropy & Grantmaking (T20) 990 on File

CARRIE E AND LENA V GLENN FOUNDATION INC

EIN: 20-1808211 · GASTONIA, NC 28054-5523 · United States · FY 2025 Data
3 out of 5 49 / 100 Based on 2+ years of filings
Financial strength (30%) 84/100
Reliability (20%) 55/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$236K
Total Revenue
$350K
Total Expenses
$7.5M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 93.5%
Fundraising Efficiency N/A
Operating Reserve 255.33x
Liability-to-Asset 3.3%
Revenue Diversification 85.9%
Executive Compensation $40K
Compared with Peers
FY 2025
Compared with 8,005 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
93.5% 90.0%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
255.3 mo 98.0 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
3.3% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
85.9% 90.3%
P10P90
Above median
Revenue growth
Year over year revenue growth
2.3% 11.3%
P10P90
Expense growth
Year over year expense growth
-1.8% 8.2%
P10P90
Surplus margin
Surplus as a share of revenue
-48.7% 4.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $236K $350K $7.5M 93.5% —
2024 $230K $357K $7.0M 82.8% —
2023 $246K $389K $6.5M 98.5% —
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Organization Details
EIN
20-1808211
State
NC
City
GASTONIA
ZIP
28054-5523
Classification
T20
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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