Camp Hanover Inc

Analysis

Camp Hanover Inc is a registered charity in United States, based in Mechanicsvlle, VA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Camp Hanover Inc reported income of $1.1m and spending of $1.7m, spending 163% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $713k to $1.1m (+50%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Camp Hanover Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include Shiloh 4 & 7 Housing Development Fund Corp ($1.1m), Pauline Auberle Foundation ($1.1m) and Missouri Alliance of Ymcas ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $319k (18% of expenses). Other salaries and wages came to $44k. At year end it held assets of $2.1m against liabilities of $162k, net assets of $2.0m.