Camden County Hero Scholarship Fund Inc

Analysis

Camden County Hero Scholarship Fund Inc is a registered charity in United States, based in Berlin, NJ. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Camden County Hero Scholarship Fund Inc reported income of $117k and spending of $134k, spending 115% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $127k to $117k (-7.9%), an average of -2.0% a year. The sharpest change came in the year to September 2023, when income rose by 25%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Camden County Hero Scholarship Fund Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 49th percentile within NJ. Charities of a similar size with the same main cause include Mid-Atlantic Quality Assurance Workshop Inc ($117k), Fayetteville State University National Alumni Association Inc ($117k) and Soar Educational Enrichment Inc ($117k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 59% of the total. Compensation of current officers, directors and key employees was $70k (52% of expenses). At year end it held assets of $646k against liabilities of $5,317, net assets of $640k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.