Cal Ripken Sr Foundation Inc

Analysis

Cal Ripken Sr Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cal Ripken Sr Foundation Inc reported income of $34.9m and spending of $35.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $30.9m to $34.9m (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cal Ripken Sr Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include Turtle Mountain College ($34.8m), Bush School ($34.9m) and Bellwether Education Partners Inc ($34.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $2.9m (8.0% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $26.1m against liabilities of $5.7m, net assets of $20.4m. It reported 68 employees.