Camino Verde Inc

Analysis

Camino Verde Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in January 2008, 18 years ago. 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, Camino Verde Inc reported income of $332k and spending of $306k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $294k to $332k (+13%), an average of +6.3% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Camino Verde Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include Downtown Bradford Revitalization Corporation ($332k), Independence First Aid Squad Inc ($332k) and American Water Works Association ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $62k (20% of expenses). At year end it held assets of $44k against liabilities of $4,500, net assets of $39k. It reported 2 employees.