Calvary Fund Inc
Calvary Fund Inc. shows consistent revenue and strong asset growth with no reported officer compensation.
EIN: 133259649 · Bronx, NY · NTEE: E110 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.8M |
| Total Expenses | $6.9M |
| Program Spending | 85% |
| Net Assets | $35.0M |
| Transparency Score | 90/100 |
Is Calvary Fund Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Calvary Fund Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Calvary Fund Inc
Calvary Fund Inc (EIN: 133259649) is a nonprofit organization based in Bronx, NY, classified under NTEE code E110. The organization reported total revenue of $7.8M and total assets of $42.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Calvary Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Calvary Fund Inc is a mid-size nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.2M |
| Total Expenses | $6.9M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $37.7M |
| Total Liabilities | $2.7M |
| Net Assets | $35.0M |
| Operating Margin | 15.8% |
| Debt-to-Asset Ratio | 7.2% |
| Months of Reserves | 65.5 months |
Financial Health Grade: A
In 2023, Calvary Fund Inc reported a surplus of $1.3M with revenue exceeding expenses, holds 65.5 months of operating reserves (strong position), has a debt-to-asset ratio of 7.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Calvary Fund Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.9% | +2.5% | +8.0% |
| 2022 | -8.9% | +21.7% | -15.8% |
| 2021 | +18.5% | -13.1% | +11.6% |
| 2020 | -38.6% | -25.1% | +11.1% |
| 2019 | +12.3% | +29.2% | +18.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Calvary Fund Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Calvary Fund Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.2%.
Executive Compensation Analysis
Calvary Fund Inc. consistently reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through an affiliated entity not reflected in these specific filings. This practice, if truly volunteer-driven, is highly favorable for donor perception and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Calvary Fund Inc:
- Consistent asset growth, from $23.9M in 2014 to $37.7M in 2023.
- No reported officer compensation, indicating efficient use of funds or volunteer leadership.
- Revenue generally exceeds expenses, contributing to financial stability (e.g., $8.2M revenue vs. $6.9M expenses in 2023).
- Strong financial reserves with assets significantly outweighing liabilities (e.g., $37.7M assets vs. $2.7M liabilities in 2023).
Frequently Asked Questions about Calvary Fund Inc
Is Calvary Fund Inc a legitimate charity?
Calvary Fund Inc (EIN: 133259649) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.8M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Calvary Fund Inc spend its money?
Calvary Fund Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Calvary Fund Inc tax-deductible?
Calvary Fund Inc is registered as a tax-exempt nonprofit (EIN: 133259649). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Calvary Fund Inc's spending goes to programs?
Calvary Fund Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Calvary Fund Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Calvary Fund Inc is above average for NTEE category E110 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Calvary Fund Inc located?
Calvary Fund Inc is headquartered in Bronx, New York and files with the IRS under EIN 133259649. It is classified under NTEE code E110.
How many years of IRS 990 filings does Calvary Fund Inc have?
Calvary Fund Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $7.8M in total revenue.
Is Calvary Fund Inc. financially stable?
Yes, Calvary Fund Inc. appears financially stable. Its assets have grown from $23.9 million in 2014 to $37.7 million in 2023, and revenue consistently exceeds expenses in most years, such as in 2023 where revenue was $8,209,600 against expenses of $6,908,700.
How has Calvary Fund Inc.'s revenue trended?
Calvary Fund Inc.'s revenue has shown some fluctuation but generally maintains a strong level, ranging from $6.2 million to $10.1 million over the last five years, with the latest reported revenue at $8,209,600 in 2023.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings, suggesting that executive leadership is either volunteer-based or compensated through other means not directly reported as officer compensation on these forms.
Filing History
IRS 990 filing history for Calvary Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Calvary Fund Inc's revenue has declined by 22%, moving from $10.5M to $8.2M. Total assets increased by 64.7% over the same period, from $22.9M to $37.7M. Total functional expenses fell by 14.6%, from $8.1M to $6.9M. In its most recent filing year (2023), Calvary Fund Inc reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $2.7M in liabilities against $37.7M in assets (debt-to-asset ratio: 7.2%), resulting in net assets of $35.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.2M | $6.9M | $37.7M | $2.7M | — | — |
| 2022 | $6.7M | $6.7M | $34.9M | $2.6M | — | View 990 |
| 2021 | $7.4M | $5.5M | $41.5M | $2.3M | — | View 990 |
| 2020 | $6.2M | $6.4M | $37.2M | $2.4M | — | View 990 |
| 2019 | $10.2M | $8.5M | $33.5M | $2.0M | — | View 990 |
| 2018 | $9.0M | $6.6M | $28.2M | $1.6M | — | View 990 |
| 2017 | $6.5M | $4.6M | $29.1M | $1.5M | — | View 990 |
| 2016 | $4.3M | $3.7M | $24.9M | $1.4M | — | View 990 |
| 2015 | $5.7M | $5.7M | $22.8M | $1.0M | — | View 990 |
| 2014 | $8.5M | $6.1M | $23.9M | $779K | — | View 990 |
| 2013 | $5.2M | $5.6M | $25.0M | $773K | — | View 990 |
| 2012 | $4.8M | $5.9M | $23.3M | $1.2M | — | View 990 |
| 2011 | $10.5M | $8.1M | $22.9M | $927K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.2M, expenses of $6.9M, and assets of $37.7M (revenue +21.9% year-over-year).
- 2022: Revenue of $6.7M, expenses of $6.7M, and assets of $34.9M (revenue -8.9% year-over-year).
- 2021: Revenue of $7.4M, expenses of $5.5M, and assets of $41.5M (revenue +18.5% year-over-year).
- 2020: Revenue of $6.2M, expenses of $6.4M, and assets of $37.2M (revenue -38.6% year-over-year).
- 2019: Revenue of $10.2M, expenses of $8.5M, and assets of $33.5M (revenue +12.3% year-over-year).
- 2018: Revenue of $9.0M, expenses of $6.6M, and assets of $28.2M (revenue +39.8% year-over-year).
- 2017: Revenue of $6.5M, expenses of $4.6M, and assets of $29.1M (revenue +50.6% year-over-year).
- 2016: Revenue of $4.3M, expenses of $3.7M, and assets of $24.9M (revenue -25.3% year-over-year).
- 2015: Revenue of $5.7M, expenses of $5.7M, and assets of $22.8M (revenue -32.3% year-over-year).
- 2014: Revenue of $8.5M, expenses of $6.1M, and assets of $23.9M (revenue +62.3% year-over-year).
- 2013: Revenue of $5.2M, expenses of $5.6M, and assets of $25.0M (revenue +9.4% year-over-year).
- 2012: Revenue of $4.8M, expenses of $5.9M, and assets of $23.3M (revenue -54.6% year-over-year).
- 2011: Revenue of $10.5M, expenses of $8.1M, and assets of $22.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Calvary Fund Inc:
Data Sources and Methodology
This transparency report for Calvary Fund Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.