Camp Fern Legacy

Analysis

Camp Fern Legacy is a registered charity in United States, based in Marshall, TX. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Fern Legacy reported income of $1.3m and spending of $1.5m, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $482k to $1.3m (+168%), an average of +168% a year. The sharpest change came in the year to December 2023, when income rose by 168%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Camp Fern Legacy sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Friends of Oak Hill ($1.3m), Young Mens Christian Association of Harrison County Inc ($1.3m) and Olentangy Youth Athletic Association ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $72k (4.9% of expenses). Other salaries and wages came to $281k. At year end it held assets of $253k against liabilities of $110k, net assets of $143k. It reported 68 employees.