Camden Military Academy

Analysis

Camden Military Academy is a registered charity in United States, based in Camden, SC. It received its IRS tax-exemption ruling in July 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Camden Military Academy reported income of $11.6m and spending of $9.2m, leaving 21% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $10.5m to $11.6m (+11%), an average of +2.5% a year. The sharpest change came in the year to May 2024, when income rose by 29%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Camden Military Academy sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within SC. Charities of a similar size with the same main cause include Community Development Incorporation ($11.6m), Christian Academy of Indiana Inc ($11.6m) and Tennessee State University Foundation ($11.5m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 15% and program service revenue 78% of the total. Other salaries and wages came to $4.1m. At year end it held assets of $31.4m against liabilities of $984k, net assets of $30.4m. It reported 133 employees.