Great Chesapeake Bay Swim Inc

Analysis

Great Chesapeake Bay Swim Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Great Chesapeake Bay Swim Inc reported income of $369k and spending of $171k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $369k (+84%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 1537%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Great Chesapeake Bay Swim Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include Toy Box Connection NFP ($368k), Josephine County Foundation ($369k) and Cusp Foundation Inc ($368k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% of the total. At year end it held assets of $266k against liabilities of $0, net assets of $266k.