Living Word Bible Camp

Analysis

Living Word Bible Camp is a registered charity in United States, based in Grand Rapids, MN. It received its IRS tax-exemption ruling in July 1994, 32 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 December 2023, Living Word Bible Camp reported income of $452k and spending of $526k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $305k to $452k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Living Word Bible Camp sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Rex Hagen Family Foundation Inc ($452k), Boxford Athletic Association Inc ($452k) and National Church Residences of ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 17% of the total. Other salaries and wages came to $128k. At year end it held assets of $6.3m against liabilities of $6,375, net assets of $6.3m.

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.