Westcamp Inc

Analysis

Westcamp Inc is a registered charity in United States, based in Orem, UT. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Westcamp Inc reported income of $59k and spending of $73k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3,628 to $59k (+1538%), an average of +101% a year. The sharpest change came in the year to December 2023, when income rose by 282924%. Over the whole period it spent 683% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Westcamp Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within UT. Charities of a similar size with the same main cause include Feedscv Inc ($59k), Quail Valley Proud ($59k) and Operation Oswego County Foundation Inc ($59k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $51k (70% of expenses). At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.