Camp Hobe Inc

Analysis

Camp Hobe Inc is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Hobe Inc reported income of $392k and spending of $326k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $392k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Camp Hobe Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within UT. Charities of a similar size with the same main cause include Katy Pony Baseball Inc ($391k), Palmerton Memorial Park Assn Inc ($392k) and LA Storm Youth Sports ($391k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $23k (7.1% of expenses). Other salaries and wages came to $67k. At year end it held assets of $998k against liabilities of $2,066, net assets of $996k. It reported 10 employees.