Tranquillity Camp Inc

Analysis

Tranquillity Camp Inc is a registered charity in United States, based in Earlton, NY. It received its IRS tax-exemption ruling in April 1945, 81 years ago. 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 December 2023, Tranquillity Camp Inc reported income of $1.3m and spending of $1.7m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.3m (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2021, when income rose by 435%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tranquillity Camp 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 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Nhra Motorsports Museum ($1.3m), On Lok House of Philadelphia Inc ($1.3m) and Volunteer Fire Department of Seymour ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $137k (8.0% of expenses). Other salaries and wages came to $384k. At year end it held assets of $3.3m against liabilities of $208k, net assets of $3.1m. It reported 82 employees.