Calvert Aquatics Club Inc

Analysis

Calvert Aquatics Club Inc is a registered charity in United States, based in Prince Frederick, MD. It received its IRS tax-exemption ruling in May 2024, 2 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 July 2023, Calvert Aquatics Club Inc reported income of $384k and spending of $348k, spending 91% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $242k to $384k (+59%), an average of +12% a year. The sharpest change came in the year to July 2022, when income rose by 57%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Calvert Aquatics Club Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MD. Charities of a similar size with the same main cause include Finding Our Stride ($384k), Cyclone Soccer Hollywood Inc ($384k) and Little League Baseball Inc ($384k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 3.5% and program service revenue 97% of the total. Other salaries and wages came to $122k. At year end it held assets of $91k against liabilities of $0, net assets of $91k. It reported 8 employees.