Carolina Bible Camp and Retreat

Analysis

Carolina Bible Camp and Retreat is a registered charity in United States, based in Mocksville, NC. It received its IRS tax-exemption ruling in April 1973, 53 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Carolina Bible Camp and Retreat reported income of $703k and spending of $574k, spending 82% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $364k to $703k (+93%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carolina Bible Camp and Retreat sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Aded Inc ($703k), Sherman Oaks Parents Association ($703k) and Anti-Drug & Alcohol Crusaders Inc ($703k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $28k (5.0% of expenses). Other salaries and wages came to $28k. It paid $46k in professional fundraising fees. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m. It reported 2 employees.