Calvert Optimist Community Parks Foundation Inc

Analysis

Calvert Optimist Community Parks Foundation Inc is a registered charity in United States, based in PRNC Frederck, MD. It received its IRS tax-exemption ruling in September 1990, 36 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 September 2023, Calvert Optimist Community Parks Foundation Inc reported income of $129k and spending of $48k, leaving 63% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $100k to $129k (+30%), an average of +6.7% a year. The sharpest change came in the year to September 2022, when income dropped by 134%. Over the whole period it spent 50% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Calvert Optimist Community Parks Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within MD. Charities of a similar size with the same main cause include Blade Junior Golf Classic ($129k), Friends of Boone County Arboretum Inc ($129k) and Garrett Sports Inc ($129k).

At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.