Greater Loch Raven Recreation

Analysis

Greater Loch Raven Recreation is a registered charity in United States, based in Parkville, MD. It received its IRS tax-exemption ruling in July 1995, 31 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 June 2023, Greater Loch Raven Recreation reported income of $253k and spending of $213k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $244k to $253k (+3.9%), an average of +1.0% a year. The sharpest change came in the year to June 2022, when income rose by 264%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greater Loch Raven Recreation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MD. Charities of a similar size with the same main cause include Warren Township Girls Softball Inc ($253k), Cal Baseball Foundation ($253k) and Fife Milton Edgewood Junior Soccer Club ($253k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 92% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.