Camp Watermarks Inc

Analysis

Camp Watermarks Inc is a registered charity in United States, based in Scottsville, VA. It received its IRS tax-exemption ruling in April 2010, 16 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Camp Watermarks Inc reported income of $2.4m and spending of $2.1m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.4m (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 188%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Camp Watermarks 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 87th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include Boys & Girls Club of Indian River County Inc ($2.4m), Gameday Inc ($2.4m) and Boys & Girls Club of Northwest Colorado ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Other salaries and wages came to $647k. At year end it held assets of $786k against liabilities of $349k, net assets of $437k. It reported 49 employees.