Glad Tidings Bible Camp Inc

Analysis

Glad Tidings Bible Camp Inc is a registered charity in United States, based in Bloomfield, NE. It received its IRS tax-exemption ruling in August 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Glad Tidings Bible Camp Inc reported income of $129k and spending of $118k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $96k to $129k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Glad Tidings Bible Camp Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NE. Charities of a similar size with the same main cause include The United States Pony Clubs in ($129k), DC Pride Volleyball League Incorporated ($129k) and Rosedale Jets Football Association ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $29k (25% of expenses). At year end it held assets of $710k against liabilities of $4,853, net assets of $706k. It reported 1 employees.