Bluewater Covenant Bible Camp

Analysis

Bluewater Covenant Bible Camp is a registered charity in United States, based in Grand Rapids, MN. It received its IRS tax-exemption ruling in July 1975, 51 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bluewater Covenant Bible Camp reported income of $599k and spending of $577k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $500k to $599k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bluewater Covenant Bible Camp sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Firm Foundation in Christ Ministries Inc ($599k), Friends Home Association of New York ($599k) and Northwest Baptist Missions ($599k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 69% of the total. Other salaries and wages came to $192k. At year end it held assets of $4.0m against liabilities of $1,992, net assets of $4.0m.