Calvary Fund Inc

Analysis

Calvary Fund Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Calvary Fund Inc reported income of $8.2m and spending of $6.9m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.2m to $8.2m (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Calvary Fund Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Jeffex Inc ($8.2m), Hattie Ide Chaffee Nursing Home Inc ($8.2m) and Joak American Homes Inc ($8.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Compensation of current officers, directors and key employees was $485k (7.0% of expenses). Other salaries and wages came to $731k. It paid $579k in professional fundraising fees. At year end it held assets of $37.7m against liabilities of $2.7m, net assets of $35.0m. It reported 10 employees.