Camp Louemma Inc

Analysis

Camp Louemma Inc is a registered charity in United States, based in Lake Hiawatha, NJ. It received its IRS tax-exemption ruling in April 1943, 83 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 September 2023, Camp Louemma Inc reported income of $91k and spending of $274k, spending 300% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $39k to $91k (+135%), an average of +24% a year. The sharpest change came in the year to September 2022, when income rose by 98%. Over the whole period it spent 325% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Camp Louemma Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within NJ. Charities of a similar size with the same main cause include Hammerheads Sled Hockey Associationinc ($91k), Unlv Rebel Soccer Foundation ($91k) and Great Falls Swim Team ($91k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 55% of the total. Compensation of current officers, directors and key employees was $109k (40% of expenses). At year end it held assets of $2.6m against liabilities of $142, net assets of $2.6m. It reported 2 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.