Camp Ocean Pines Inc

Analysis

Camp Ocean Pines Inc is a registered charity in United States, based in Cambria, CA. It received its IRS tax-exemption ruling in November 1967, 59 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 Ocean Pines Inc reported income of $2.2m and spending of $2.3m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.2m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 137%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Camp Ocean Pines Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Gay & Lesbian Community Center of Greater Fort Lauderdale Inc ($2.2m), Family Connection Inc ($2.2m) and Clear Creek Services Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $104k (4.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $899k against liabilities of $545k, net assets of $354k. It reported 60 employees.