Camp Acorn Inc

Analysis

Camp Acorn Inc is a registered charity in United States, based in Lodi, NJ. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Acorn Inc reported income of $1.8m and spending of $1.3m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $869k to $1.8m (+110%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Camp Acorn Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Voces ($1.8m), Cleats for Kids Foundation ($1.8m) and South County Compassion Center ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.3% and program service revenue 89% of the total. Other salaries and wages came to $676k. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m. It reported 51 employees.