Camden Education Fund Inc

Analysis

Camden Education Fund Inc is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in October 2020, 6 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 Education Fund Inc reported income of $5.3m and spending of $4.4m, spending 84% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.0m to $5.3m (+6.5%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income rose by 161%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Camden Education Fund Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Animas High School ($5.3m), Jcfa ($5.3m) and Westbridge Academy Inc ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $383k. At year end it held assets of $14.6m against liabilities of $489k, net assets of $14.1m. It reported 4 employees.