New Life Bible Camp Inc

Analysis

New Life Bible Camp Inc is a registered charity in United States, based in Buffalo Mills, PA. It received its IRS tax-exemption ruling in January 1976, 50 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 August 2023, New Life Bible Camp Inc reported income of $494k and spending of $426k, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $336k to $494k (+47%), an average of +10% a year. The sharpest change came in the year to August 2021, when income rose by 54%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Life Bible Camp Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($494k), Byfield Housing for the Elderly Inc ($494k) and Awaken Dreams Creative Learning Center ($494k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 60% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $35k (8.1% of expenses). Other salaries and wages came to $145k. At year end it held assets of $812k against liabilities of $16k, net assets of $796k. It reported 25 employees.