Camp Okoboji Lutheran Association

Analysis

Camp Okoboji Lutheran Association is a registered charity in United States, based in Milford, IA. It received its IRS tax-exemption ruling in February 1942, 84 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, Camp Okoboji Lutheran Association reported income of $1.4m and spending of $1.1m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Camp Okoboji Lutheran Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within IA. Charities of a similar size with the same main cause include Chesterfield Academy Christian School Inc ($1.4m), The Community Foundation of Greater Decatur ($1.4m) and Southwest Detroit Business Association Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $62k (5.4% of expenses). Other salaries and wages came to $342k. At year end it held assets of $4.3m against liabilities of $177k, net assets of $4.1m. It reported 32 employees.