Lake Waubesa Bible Camp Inc

Analysis

Lake Waubesa Bible Camp Inc is a registered charity in United States, based in McFarland, WI. It received its IRS tax-exemption ruling in September 1966, 60 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 December 2023, Lake Waubesa Bible Camp Inc reported income of $400k and spending of $326k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $377k to $400k (+6.1%), an average of +1.5% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Waubesa Bible Camp Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within WI. Charities of a similar size with the same main cause include Blue Grass Council of the Blind ($400k), Steps Montessori of Saginaw Inc ($400k) and Iglesia Apostolica Fuente Del Libano Efesio 220 ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $16k (4.9% of expenses). Other salaries and wages came to $80k. At year end it held assets of $884k against liabilities of $0, net assets of $884k. It reported 14 employees.