Foundation for Sephardic Camp

Analysis

Foundation for Sephardic Camp is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Foundation for Sephardic Camp reported income of $516k and spending of $534k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $368k to $516k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2021, when income rose by 111%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Foundation for Sephardic Camp sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within WA. Charities of a similar size with the same main cause include Nehemiah International Service Incorporation ($516k), Saint Gerard Society Inc ($516k) and Gospel Wings International ($516k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $96k (18% of expenses). Other salaries and wages came to $61k. At year end it held assets of $21k against liabilities of $2,186, net assets of $18k. It reported 39 employees.