Bear Lake Camp Inc
Analysis
Bear Lake Camp Inc is a registered charity in United States, based in Albion, IN. It received its IRS tax-exemption ruling in September 2022, 4 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, Bear Lake Camp Inc reported income of $433k and spending of $429k, spending 99% of its income. Across the 5 years on record, from December 2018 to December 2023, income fell from $482k to $433k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 89% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Bear Lake Camp Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include Hope International Inc ($433k), Living Word Ministries Inc ($433k) and Encouragement Incorporated ($432k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $163k (38% of expenses). Other salaries and wages came to $27k. At year end it held assets of $746k against liabilities of $24k, net assets of $722k. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 40%
- Program services 60%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hope International Inc | Churchville | $433k |
| Living Word Ministries Inc | Dora | $433k |
| Encouragement Incorporated | Colorado SPGS | $432k |
| Systematic Asian Leadership Training Inc | Charlotte | $433k |