Lake Lundgren Bible Camp Inc

Analysis

Lake Lundgren Bible Camp Inc is a registered charity in United States, based in Pembine, WI. It received its IRS tax-exemption ruling in February 1960, 66 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lake Lundgren Bible Camp Inc reported income of $2.0m and spending of $1.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.0m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Lundgren Bible Camp Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include Pajaro Valley Loaves and Fishes Inc ($2.0m), Habitat for Humanity of Anderson Inc ($2.0m) and Fairfield Center for Disabilities and Cerebral Palsy Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Other salaries and wages came to $844k. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.