Camden Prep Foundation Inc

Analysis

Camden Prep Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Camden Prep Foundation Inc reported income of $5.5m and spending of $4.5m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $5.5m (+355%), an average of +46% a year. The sharpest change came in the year to June 2022, when income rose by 378%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Camden Prep Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Rock Springs Christian Academy Inc ($5.5m), K-State Union Corporation ($5.5m) and Mott Hall Charter School ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 55% of the total. At year end it held assets of $124.5m against liabilities of $110.9m, net assets of $13.6m.