Lincoln Lake Baptist Youth Camp Inc
Analysis
Lincoln Lake Baptist Youth Camp Inc is a registered charity in United States, based in Gowen, MI. It received its IRS tax-exemption ruling in January 1986, 40 years ago. 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 October 2023, Lincoln Lake Baptist Youth Camp Inc reported income of $568k and spending of $571k, spending 101% of its income. Across the 5 years on record, from October 2019 to October 2023, income fell from $666k to $568k (-15%), an average of -3.9% a year. The sharpest change came in the year to October 2023, when income rose by 23%. Over the whole period it spent 96% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lincoln Lake Baptist Youth Camp Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Julia C Hester House Inc ($568k), Refrigeration and Air Conditioning Training Trust ($568k) and Madeleine School Endowment Fund ($568k).
On its Form 990 for the period ending October 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $48k (8.4% of expenses). Other salaries and wages came to $157k. At year end it held assets of $2.3m against liabilities of $3,166, net assets of $2.3m. It reported 49 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 29%
- Program services 71%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Julia C Hester House Inc | Houston | $568k |
| Refrigeration and Air Conditioning Training Trust | Walnut Creek | $568k |
| Madeleine School Endowment Fund | Portland | $568k |
| American Friends of Ner Yaakov Inc | Lawrence | $568k |