Wolfeboro Camp School Inc

Analysis

Wolfeboro Camp School Inc is a registered charity in United States, based in Wolfeboro, NH. It received its IRS tax-exemption ruling in June 1977, 49 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Wolfeboro Camp School Inc reported income of $1.7m and spending of $2.1m, spending 124% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.0m to $1.7m (-16%), an average of -4.2% a year. The sharpest change came in the year to September 2021, when income rose by 6331%. Over the whole period it spent 135% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wolfeboro Camp School Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NH. Charities of a similar size with the same main cause include Pas Charter Inc ($1.7m), Central Vermont Adult Basic Education Inc ($1.7m) and Manlius Library ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $169k (7.9% of expenses). Other salaries and wages came to $667k. At year end it held assets of $3.4m against liabilities of $774k, net assets of $2.6m. It reported 92 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.