Calamar Foundation Inc

Analysis

Calamar Foundation Inc is a registered charity in United States, based in Amherst, NY. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Calamar Foundation Inc reported income of $52k and spending of $85k, spending 163% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $8,001 to $52k (+555%), an average of +555% a year. The sharpest change came in the year to December 2023, when income rose by 555%. Over the whole period it spent 141% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Calamar Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Opp Vision in Action Foundation ($52k), Richard Klett Charitable Foundation ($52k) and Elder High School Fund Trust ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.