Camp of Colors Inc

Analysis

Camp of Colors Inc is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in February 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Camp of Colors Inc reported income of $181k and spending of $125k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $217k to $181k (-16%), an average of -4.4% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Camp of Colors Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within GA. Charities of a similar size with the same main cause include Jasonville Good Samaritan Housing Inc ($181k), Apex Band Boosters ($181k) and Demolay International ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $793k against liabilities of $0, net assets of $793k.