Greater Severna Park Athletic Association Inc

Analysis

Greater Severna Park Athletic Association Inc is a registered charity in United States, based in Severna Park, MD. It received its IRS tax-exemption ruling in January 1983, 43 years ago. 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, Greater Severna Park Athletic Association Inc reported income of $2.0m and spending of $1.8m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.0m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Severna Park Athletic Association Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Camp Quality USA Incorporated ($2.0m), Catholic Climate Covenant ($2.0m) and Habitat for Humanity of Anderson Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $129k (7.1% of expenses). Other salaries and wages came to $73k. At year end it held assets of $1.4m against liabilities of $123k, net assets of $1.3m. It reported 9 employees.