Ingham-Okoboji Lutheran Bible Camp Assn
Analysis
Ingham-Okoboji Lutheran Bible Camp Assn is a registered charity in United States, based in Milford, IA. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Ingham-Okoboji Lutheran Bible Camp Assn reported income of $1.8m and spending of $1.7m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.8m (-4.5%), an average of -1.1% a year. The sharpest change came in the year to December 2021, when income rose by 120%. Over the whole period it spent 103% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ingham-Okoboji Lutheran Bible Camp Assn 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 85th percentile, and in the 87th percentile within IA. Charities of a similar size with the same main cause include Missionsafe a New Beginning Inc ($1.8m), Foodwhat Incorporated ($1.8m) and Camp Starfish Inc ($1.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $98k (5.9% of expenses). Other salaries and wages came to $578k. It paid $10k in professional fundraising fees. At year end it held assets of $5.1m against liabilities of $157k, net assets of $4.9m. It reported 77 employees.
Income and spending
Where the income comes from
- Contributions & grants 50%
- Program services 48%
- Other 2.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Missionsafe a New Beginning Inc | Roxbury | $1.8m |
| Foodwhat Incorporated | Santa Cruz | $1.8m |
| Camp Starfish Inc | Ashby | $1.8m |
| Childrens Advocacy Center of Southeastern Indiana Incorporated | Dillsboro | $1.8m |