Summer Camp Opportunities Promote Education Inc

Analysis

Summer Camp Opportunities Promote Education Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Summer Camp Opportunities Promote Education Inc reported income of $2.5m and spending of $2.0m, leaving 23% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.2m to $2.5m (+104%), an average of +20% a year. The sharpest change came in the year to September 2021, when income rose by 92%. Over the whole period it spent 80% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Summer Camp Opportunities Promote Education Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Virginia Valor FC LLC ($2.5m), One Village Alliance ($2.5m) and Norcal Oaks Baseball Club ($2.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 108% of the total. Compensation of current officers, directors and key employees was $241k (12% of expenses). Other salaries and wages came to $567. At year end it held assets of $2.6m against liabilities of $161k, net assets of $2.5m. It reported 3 employees.