Camp Albrecht Acres of the Midwest

Analysis

Camp Albrecht Acres of the Midwest is a registered charity in United States, based in Sherrill, IA. It received its IRS tax-exemption ruling in August 1979, 47 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 March 2023, Camp Albrecht Acres of the Midwest reported income of $435k and spending of $432k, spending 99% of its income. Across the 4 years on record, from March 2020 to March 2023, income fell from $479k to $435k (-9.0%), an average of -3.1% a year. The sharpest change came in the year to March 2021, when income dropped by 54%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Camp Albrecht Acres of the Midwest sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within IA. Charities of a similar size with the same main cause include Glaciers Sports Inc ($435k), South Tampa Aquatic Team Inc ($435k) and Roanoke Valley Swimming Inc ($435k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 56% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $70k (16% of expenses). Other salaries and wages came to $138k. At year end it held assets of $892k against liabilities of $5,973, net assets of $886k. It reported 32 employees.