Camp Veritas Inc

Analysis

Camp Veritas Inc is a registered charity in United States, based in Hopewell JCT, NY. It received its IRS tax-exemption ruling in March 1946, 80 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, Camp Veritas Inc reported income of $404k and spending of $417k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $620k to $404k (-35%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 152%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Camp Veritas Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Tandem Family Resource Center ($404k), Southern Museum of Flight FDN Inc ($404k) and Thorek Memorial Foundation ($404k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $61k. At year end it held assets of $300k against liabilities of $0, net assets of $300k. It reported 2 employees.