Cameron Works Inc

Analysis

Cameron Works Inc is a registered charity in United States, based in Brownsville, TX. It received its IRS tax-exemption ruling in August 1984, 42 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 September 2022, Cameron Works Inc reported income of $40.6m and spending of $40.7m, spending 100% of its income. Across the 4 years on record, from September 2019 to September 2022, income grew from $27.8m to $40.6m (+46%), an average of +13% a year. The sharpest change came in the year to September 2022, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cameron Works 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 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Thames Valley Council for Community Action Inc ($40.5m), Liftfund Inc ($40.6m) and Adelante Development Center Inc ($40.0m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. At year end it held assets of $5.3m against liabilities of $4.8m, net assets of $498k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.