Friends of Camp Celo Inc

Analysis

Friends of Camp Celo Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Friends of Camp Celo Inc reported income of $57k and spending of $74k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $64k to $57k (-11%), an average of -11% a year. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Camp Celo Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include YMCA Foundation of Valparaiso in Inc ($57k), Front Row Foundation Corp ($57k) and Toby House IV Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.