Camp Foster Young Mens Christian Association Inc

Analysis

Camp Foster Young Mens Christian Association Inc is a registered charity in United States, based in Spirit Lake, IA. It received its IRS tax-exemption ruling in August 1971, 55 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Camp Foster Young Mens Christian Association Inc reported income of $5.1m and spending of $3.9m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $5.1m (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 279%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Camp Foster Young Mens Christian Association Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within IA. Charities of a similar size with the same main cause include St Lukes Community House ($5.1m), Nosotros ($5.1m) and Quad County Urban League Inc ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $124k (3.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $22.9m against liabilities of $3.1m, net assets of $19.9m. It reported 280 employees.