Camp Jacob Inc

Analysis

Camp Jacob Inc is a registered charity in United States, based in Clintwood, VA. It received its IRS tax-exemption ruling in May 1991, 35 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Camp Jacob Inc reported income of $245k and spending of $231k, spending 94% of its income. Across the 6 years on record, from December 2017 to December 2022, income grew from $166k to $245k (+48%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Camp Jacob Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Cape Cod Hospital Auxiliary ($245k), Winter Park Historical Association Inc ($245k) and Honoring Heros Foundation ($245k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 64% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $36k (16% of expenses). Other salaries and wages came to $38k. At year end it held assets of $437k against liabilities of $16k, net assets of $421k. It reported 23 employees.