Camp Twin Lakes Inc
Analysis
Camp Twin Lakes Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 1990, 36 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 March 2023, Camp Twin Lakes Inc reported income of $9.4m and spending of $7.5m, spending 80% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $9.1m to $9.4m (+3.4%), an average of +0.9% a year. The sharpest change came in the year to March 2020, when income rose by 132%. Over the whole period it spent 57% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Camp Twin Lakes Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Charlotte Soccer Academy ($9.3m), United States Field Hockey Association Inc ($9.4m) and Mosholu-Montefiore Community Center Inc ($9.3m).
On its Form 990 for the period ending March 2023, revenue came from contributions and grants 74% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $643k (8.5% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $46.4m against liabilities of $6.3m, net assets of $40.1m. It reported 194 employees.
Income and spending
Where the income comes from
- Contributions & grants 74%
- Program services 26%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Charlotte Soccer Academy | Pineville | $9.3m |
| United States Field Hockey Association Inc | Colorado SPGS | $9.4m |
| Mosholu-Montefiore Community Center Inc | Bronx | $9.3m |
| Williston Community Builders | Williston | $9.4m |