Calvert Impact Capital Inc
Only null% goes to programs Strong reserves Growing revenue
Calvert Impact Capital Inc is a 501(c)(3) organization based in Bethesda, Maryland, registered in 1989, with $39,494,064 in FY2024 revenue. CharityIndex grades it B.
7550 Wisconsin Avenue 8th Floor, Bethesda, MD, 20814 EIN 52-1591398 Since 1989
Revenue (FY2024)
$39.5M
▲ 18.2% vs prior year
Community median: $184K
Expenses (FY2024)
$30.8M
Net assets
$54.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Calvert Impact Capital Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating21 mo reserves · +22% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Calvert Impact Capital Inc: 21 mo reserves · +22% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Calvert Impact Capital Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Calvert Impact Capital Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 7550 Wisconsin Avenue 8th Floor, Bethesda, MD, 20814
- City
- Bethesda
- State
- Maryland
- Subcategory
- Economic Development
- Website
- …
Financial trends
Revenue grew from $13.2M (FY2013) to $39.5M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $683.2MNet assets $54.4M
Operating margin
22.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$737.7M
Total liabilities
$683.2M
Net assets
$54.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $39,494,064▲18.2% | $30,809,389▼16.3% | $54,427,296▲30.5% | $737,659,052▲6.9% | 990 |
| 2023 | $33,426,249▲10.9% | $36,826,893▲18.3% | $41,694,095▲10.5% | $689,904,043▲4.6% | 990 |
| 2022 | $30,134,256▲29.7% | $31,119,797▲22.2% | $37,724,896▲6.4% | $659,345,445▼3.0% | 990 |
| 2021 | $23,234,500▲3.2% | $25,464,322▲6.9% | $35,457,631▲8.7% | $679,643,317▲10.9% | 990 |
| 2020 | $22,517,069▼6.1% | $23,816,378▲18.5% | $32,624,192▲3.1% | $612,922,504▲15.2% | 990 |
| 2019 | $23,978,642▲31.1% | $20,095,436▲18.4% | $31,649,956▲25.5% | $532,025,808▲12.3% | 990 |
| 2018 | $18,292,901▼7.5% | $16,966,395▼4.8% | $25,220,130▲46.2% | $473,574,255▲28.4% | 990 |
| 2016 | $19,765,844▲21.3% | $17,814,339▲14.4% | $17,244,687▼42.4% | $368,857,156▲17.0% | 990 |
| 2015 | $16,296,832▼6.6% | $15,565,748▲6.0% | $29,956,013▲0.3% | $315,190,271▲7.3% | 990 |
| 2014 | $17,446,183▲31.9% | $14,680,425▲17.0% | $29,874,261▲10.3% | $293,667,529▲7.6% | 990 |
| 2013 | $13,223,322 | $12,549,701▲3.7% | $27,072,985▲3.7% | $272,829,576▲1.8% | 990 |
| 2012 | — | $12,107,067▼26.3% | $26,116,449▲15.3% | $267,943,859▲6.6% | 990 |
| 2011 | — | $16,429,261▼5.7% | $22,642,654▼34.4% | $251,374,053▼7.1% | 990 |
| 2010 | — | $17,414,468 | $34,514,010 | $270,657,154 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $2.3M total
18 grants to Calvert Impact Capital Inc totaling $2.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Public, societal benefit | 2022 | $50,000 |
| New Venture Fund | Capacity building | 2022 | $50,000 |
| Impactassets Inc | Microfinance internationally | 2021 | $10,000 |
| Grameen America Inc | Covid grant to support communities where grameen members are located | 2020 | $300,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $10,200 |
| Baltimore Community Foundation Inc | General support and various projects | 2020 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $52,000 |
| Baltimore Community Foundation Inc | General support and various projects | 2019 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $251,049 |
| Capital Impact Partners | Budget expense in year 3 ( portion of q3 & q4) | 2018 | $12,787 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2017 | $310,300 |
| Impactassets Inc | General operating support | 2017 | $125,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $226,800 |
| Capital Impact Partners | Operating support: capital raising and financial solutions to support an impact investment fund targeting organizations that support vulnerable populations age 50 and older | 2016 | $30,613 |
| Capital Impact Partners | Operating support: capital raising and financial solutions to support an impact investment fund targeting organizations that support vulnerable populations age 50 and older | 2015 | $412,500 |
Similar organizations in Community
- Community
International Training Fund
Annapolis, MD
$36.6M
C+annual revenue
Community
Madison Street Properties Inc
Baltimore, MD
$45.0M
Bannual revenue
Community
Mexican Haas Avocado Importers Association
Fallston, MD
$45.8M
Bannual revenue
Community
Auto Care Association
Bethesda, MD
$29.9M
Bannual revenue
Community
Mosaic Community Services Inc
Timonium, MD
$51.3M
Bannual revenue
Community
4mycity Inc
Baltimore, MD
$26.3M
Bannual revenue
- Community
Columbia Community Concepts Inc
Fulton, MD
$20.1M
C+annual revenue
Community
Worksource Montgomery Inc
Rockville, MD
$19.0M
Bannual revenue
Community
Rebuild Metro Inc
Baltimore, MD
$17.3M
Bannual revenue
Community
American Urological Association Inc
Linthicum Hts, MD
$16.0M
Bannual revenue
Compare Calvert Impact Capital Inc
Frequently asked questions
- Is Calvert Impact Capital Inc a legitimate nonprofit?
- Yes. Calvert Impact Capital Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-1591398, based in Bethesda, Maryland. Donations are tax-deductible.
- What is Calvert Impact Capital Inc's EIN?
- Calvert Impact Capital Inc's Employer Identification Number (EIN) is 52-1591398.
- How much revenue does Calvert Impact Capital Inc report?
- Calvert Impact Capital Inc reported $39,494,064 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Calvert Impact Capital Inc have?
- CharityIndex grades Calvert Impact Capital Inc B, based on financial health (reserves and operating margin).
More nonprofits in Bethesda
Explore more
Data for Calvert Impact Capital Inc (EIN 52-1591398) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.