Harvey Cedars Bible Conference Inc Harvey Cedars N J

Analysis

Harvey Cedars Bible Conference Inc Harvey Cedars N J is a registered charity in United States, based in Harvey Cedars, NJ. It received its IRS tax-exemption ruling in July 1952, 74 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Harvey Cedars Bible Conference Inc Harvey Cedars N J reported income of $4.6m and spending of $3.3m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $4.6m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harvey Cedars Bible Conference Inc Harvey Cedars N J sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Citizens Committee for Children of New York ($4.6m), Southern Conference ($4.6m) and Camp Berea Inc ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $134k (4.1% of expenses). Other salaries and wages came to $1.2m. It paid $14k in professional fundraising fees. At year end it held assets of $15.6m against liabilities of $329k, net assets of $15.3m. It reported 137 employees.