Camp Albemarle Incorporated

Analysis

Camp Albemarle Incorporated is a registered charity in United States, based in Charlottesville, VA. It received its IRS tax-exemption ruling in July 1984, 42 years ago. 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, Camp Albemarle Incorporated reported income of $63k and spending of $66k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $652k to $63k (-90%), an average of -44% a year. The sharpest change came in the year to December 2021, when income rose by 246%. Over the whole period it spent 37% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Camp Albemarle Incorporated sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within VA. Charities of a similar size with the same main cause include New Rochelle High School Scholarship Fund Corp ($63k), Ernest I White Trust Under Article Second Ua Fbo ($63k) and PTA California Congress of Parents Teachers and Students Inc ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.8% and program service revenue 93% of the total. At year end it held assets of $813k against liabilities of $0, net assets of $813k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.