Life Camp Inc

Analysis

Life Camp Inc is a registered charity in United States, based in Morristown, NJ. It received its IRS tax-exemption ruling in June 1994, 32 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 December 2023, Life Camp Inc reported income of $1.7m and spending of $1.0m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $765k to $1.7m (+128%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Camp Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include A Place at the Table ($1.7m), Holly Street Corporation ($1.7m) and United Methodist Health and Housing Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $68k (6.5% of expenses). Other salaries and wages came to $415k. It paid $27k in professional fundraising fees. At year end it held assets of $2.1m against liabilities of $225k, net assets of $1.8m. It reported 102 employees.