Friends of Lake Swan Camp Inc

Analysis

Friends of Lake Swan Camp Inc is a registered charity in United States, based in Melrose, FL. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Friends of Lake Swan Camp Inc reported income of $1.4m and spending of $1.1m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $961k to $1.4m (+46%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of Lake Swan Camp Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Desire Street Ministries ($1.4m), Comunidad Cristiana Pembroke Pines Inc ($1.4m) and 247 Media Ministries ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $45k (4.0% of expenses). Other salaries and wages came to $480k. At year end it held assets of $1.9m against liabilities of $33k, net assets of $1.9m. It reported 86 employees.