Pantego Camp Thurman Inc

Analysis

Pantego Camp Thurman Inc is a registered charity in United States, based in Pantego, TX. It received its IRS tax-exemption ruling in March 1995, 31 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pantego Camp Thurman Inc reported income of $2.0m and spending of $2.4m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $2.0m (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pantego Camp Thurman Inc sits at the 96th percentile: it is larger than about 96% 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 Central Coast Section California Interscholastic Federation ($2.0m), Toledo Futbol Club Inc ($2.0m) and St George Community Center I Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $75k (3.1% of expenses). Other salaries and wages came to $968k. At year end it held assets of $4.0m against liabilities of $781k, net assets of $3.3m. It reported 312 employees.