Camc Foundation Inc

Analysis

Camc Foundation Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in September 1976, 50 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Camc Foundation Inc reported income of $13.3m and spending of $14.7m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.6m to $13.3m (+5.8%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 48% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Camc Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within WV. Charities of a similar size with the same main cause include George Mark Childrens Fund ($13.3m), Health Security Partners LLC ($13.3m) and Montgomery Baptist Outreach Services Corporation ($13.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% of the total. Other salaries and wages came to $297k. At year end it held assets of $320.5m against liabilities of $3.1m, net assets of $317.4m.