Calverthealth Foundation Inc

Analysis

Calverthealth Foundation Inc is a registered charity in United States, based in PRNC Frederck, MD. It received its IRS tax-exemption ruling in August 1990, 36 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Calverthealth Foundation Inc reported income of $1.1m and spending of $1.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.2m to $1.1m (-51%), an average of -16% a year. The sharpest change came in the year to June 2020, when income dropped by 60%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Calverthealth Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include Hope Center for Crisis Pregnancy ($1.1m), Almaden Valley Counseling Service Inc ($1.1m) and Go-Gogo Fundation Corp ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 110% of the total. At year end it held assets of $6.4m against liabilities of $93k, net assets of $6.3m.