Cumberland Hot Stove League Inc

Analysis

Cumberland Hot Stove League Inc is a registered charity in United States, based in Lavale, MD. It received its IRS tax-exemption ruling in January 1996, 30 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 2021, Cumberland Hot Stove League Inc reported income of $340k and spending of $191k, leaving 44% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $273k to $340k (+25%), an average of +12% a year. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cumberland Hot Stove League Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MD. Charities of a similar size with the same main cause include Starr Camp & Conference Center ($340k), Fair Underwriters Inc ($340k) and Hui Nalu Ohawaii ($340k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 6.9% of the total. Other salaries and wages came to $29k. At year end it held assets of $698k against liabilities of $321, net assets of $697k. It reported 4 employees.