Severn Athletic Club Incorporated

Analysis

Severn Athletic Club Incorporated is a registered charity in United States, based in Severn, MD. It received its IRS tax-exemption ruling in July 1974, 52 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2022, Severn Athletic Club Incorporated reported income of $303k and spending of $290k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $280k to $303k (+8.5%), an average of +2.8% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Severn Athletic Club Incorporated sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MD. Charities of a similar size with the same main cause include Saline Area Youth Baseball & Softball Inc ($303k), Coldtree Foundation Inc ($303k) and De Pere Baseball Inc ($303k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.