Lake Hamilton Bible Camp of Hot Springs Arkansas Inc

Analysis

Lake Hamilton Bible Camp of Hot Springs Arkansas Inc is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in January 1975, 51 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Lake Hamilton Bible Camp of Hot Springs Arkansas Inc reported income of $270k and spending of $190k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $163k to $270k (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 148%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake Hamilton Bible Camp of Hot Springs Arkansas Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within AR. Charities of a similar size with the same main cause include Yakima YMCA Qalicb ($270k), Flagler Sheriffs Pal Inc ($270k) and Alabama High School Rodeo Association Inc ($270k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% of the total. Compensation of current officers, directors and key employees was $29k (15% of expenses). Other salaries and wages came to $11k. At year end it held assets of $352k against liabilities of $1,546, net assets of $351k. It reported 3 employees.