Presbyterian Camps at Gilmont Inc

Analysis

Presbyterian Camps at Gilmont Inc is a registered charity in United States, based in Gilmer, TX. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Presbyterian Camps at Gilmont Inc reported income of $1.5m and spending of $1.1m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $558k to $1.5m (+169%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Presbyterian Camps at Gilmont Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Mandir ($1.5m), Christian Fellowship Ministry Inc ($1.5m) and Telling the Truth Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $136k (13% of expenses). Other salaries and wages came to $311k. It paid $37k in professional fundraising fees. At year end it held assets of $2.6m against liabilities of $87k, net assets of $2.5m. It reported 42 employees.