Holy Name of Camden Ministries

Analysis

Holy Name of Camden Ministries is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in June 1988, 38 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 June 2023, Holy Name of Camden Ministries reported income of $159k and spending of $160k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $151k to $159k (+5.4%), an average of +1.3% a year. The sharpest change came in the year to June 2022, when income dropped by 35%. 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, Holy Name of Camden Ministries sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Northwest Dance Theater ($159k), R Michael Rhoades Foundation ($159k) and Sarasota Tiger Bay Club Inc ($159k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.