Camden Fireworks Incorporated

Analysis

Camden Fireworks Incorporated is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Camden Fireworks Incorporated reported income of $364k and spending of $256k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $206k to $364k (+77%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Camden Fireworks Incorporated sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Cartoon Art Museum of California ($364k), Palouse Discovery Science Center Inc ($364k) and Consumer Brands Association Foundation Inc ($364k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $62k (24% of expenses). Other salaries and wages came to $38k. At year end it held assets of $309k against liabilities of $52k, net assets of $257k. It reported 6 employees.