Phantom Lake YMCA Camp Inc

Analysis

Phantom Lake YMCA Camp Inc is a registered charity in United States, based in Mukwonago, WI. It received its IRS tax-exemption ruling in April 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Phantom Lake YMCA Camp Inc reported income of $1.9m and spending of $1.5m, leaving 20% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.4m to $1.9m (+37%), an average of +8.2% a year. The sharpest change came in the year to September 2021, when income rose by 615%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Phantom Lake YMCA Camp Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include United Ashland Ministries Inc ($1.9m), Consumer Federation of America Inc ($1.9m) and Nami Southeast Wisconsin Inc ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 14% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $176k (12% of expenses). Other salaries and wages came to $567k. At year end it held assets of $3.7m against liabilities of $281k, net assets of $3.4m. It reported 106 employees.