Lam Campus

Analysis

Lam Campus is a registered charity in United States, based in Williamstown, NJ. It received its IRS tax-exemption ruling in March 2022, 4 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, Lam Campus reported income of $881k and spending of $721k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $630k to $881k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lam Campus sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Carter House ($881k), Family Support Organization of Union County Inc ($881k) and Pathways to Independence ($881k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $47k (6.5% of expenses). Other salaries and wages came to $463k. At year end it held assets of $321k against liabilities of $125k, net assets of $196k. It reported 40 employees.