Camp Cole Foundation Inc

Analysis

Camp Cole Foundation Inc is a registered charity in United States, based in Eastover, SC. It received its IRS tax-exemption ruling in September 2018, 8 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 Cole Foundation Inc reported income of $10.5m and spending of $2.1m, leaving 80% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $2.0m to $10.5m (+413%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 410%. Over the whole period it spent 24% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Camp Cole Foundation 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 95th percentile, and in the 97th percentile within SC. Charities of a similar size with the same main cause include Pathways for Children Inc ($10.5m), Way to Grow ($10.5m) and Wesley Woods of Newnan-Peachtree City Inc ($10.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $100k (4.9% of expenses). Other salaries and wages came to $391k. At year end it held assets of $22.3m against liabilities of $18k, net assets of $22.3m. It reported 32 employees.