Gambrills Athletic Club

Analysis

Gambrills Athletic Club is a registered charity in United States, based in Gambrills, MD. It received its IRS tax-exemption ruling in July 2006, 20 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 2023, Gambrills Athletic Club reported income of $278k and spending of $299k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $214k to $278k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gambrills Athletic Club sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MD. Charities of a similar size with the same main cause include All-American Horse Charities Inc ($278k), Little League Baseball Inc ($278k) and South Valley Soccer ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $330k against liabilities of $0, net assets of $330k.