Camden County Council on Economic Opportunity

Analysis

Camden County Council on Economic Opportunity is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in July 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 February 2023, Camden County Council on Economic Opportunity reported income of $7.8m and spending of $8.3m, spending 106% of what it took in. Across the 5 years on record, from February 2019 to February 2023, income fell from $8.5m to $7.8m (-8.8%), an average of -2.3% a year. The sharpest change came in the year to February 2022, when income rose by 31%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Camden County Council on Economic Opportunity 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 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Center on Halsted ($7.8m), Appalachian Parent Association Inc Appalachian Crossroads ($7.8m) and International Institute of Minnesota ($7.8m).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $455k (5.5% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $8.4m against liabilities of $2.1m, net assets of $6.3m. It reported 53 employees.