Camp Aranzazu Inc

Analysis

Camp Aranzazu Inc is a registered charity in United States, based in Rockport, TX. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Aranzazu Inc reported income of $1.9m and spending of $2.4m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.9m to $1.9m (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Camp Aranzazu Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Foundation of Hope Inc ($1.9m), Wausau Child Care Inc ($1.9m) and Meals on Wheels of Boulder Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $270k (11% of expenses). Other salaries and wages came to $716k. At year end it held assets of $15.0m against liabilities of $194k, net assets of $14.8m. It reported 49 employees.

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.