Sherwood Forest Club Boys and Girls Summer Camp Inc

Analysis

Sherwood Forest Club Boys and Girls Summer Camp Inc is a registered charity in United States, based in Sherwood FRST, MD. It received its IRS tax-exemption ruling in June 1969, 57 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 2023, Sherwood Forest Club Boys and Girls Summer Camp Inc reported income of $635k and spending of $428k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $385k to $635k (+65%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 279%. Over the whole period it spent 55% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sherwood Forest Club Boys and Girls Summer Camp Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include Ancient City Soccer Club Inc ($634k), Southeastern Swim Club Incorporated ($635k) and Buffalo Scholastic Rowing Association Inc ($634k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $33k (7.7% of expenses). Other salaries and wages came to $223k. At year end it held assets of $2.2m against liabilities of $40k, net assets of $2.1m. It reported 63 employees.