Eastern US Music Camp Inc

Analysis

Eastern US Music Camp Inc is a registered charity in United States, based in Ballston Lake, NY. It received its IRS tax-exemption ruling in October 1998, 28 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 November 2023, Eastern US Music Camp Inc reported income of $263k and spending of $257k, spending 98% of its income. Across the 4 years on record, from November 2019 to November 2023, income fell from $290k to $263k (-9.2%), an average of -3.2% a year. The sharpest change came in the year to November 2022, when income rose by 3573%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Eastern US Music Camp Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Pioneer Valley Riverfront Club Inc ($263k), Elkhart Flames Soccer Club ($263k) and Hyde Park Youth Hockey Inc ($263k).

On its Form 990 for the period ending November 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $106k (41% of expenses). At year end it held assets of $175k against liabilities of $0, net assets of $175k.