Camp Ritchie Museum Inc

Analysis

Camp Ritchie Museum Inc is a registered charity in United States, based in Cascade, MD. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Ritchie Museum Inc reported income of $642k and spending of $76k, leaving 88% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $642k (+564%), an average of +564% a year. The sharpest change came in the year to December 2023, when income rose by 564%. Over the whole period it spent 18% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Camp Ritchie Museum Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include Okpop Foundation ($642k), Boston City Singers Inc ($642k) and Josephine Sculpture Park Inc ($642k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $7,321 (9.6% of expenses). At year end it held assets of $620k against liabilities of $0, net assets of $620k. It reported 1 employees.