The Foundation for Camp Bob Waldorf

Analysis

The Foundation for Camp Bob Waldorf is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 1967, 59 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Foundation for Camp Bob Waldorf reported income of $615k and spending of $1.0m, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $681k to $615k (-9.7%), an average of -2.5% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 150% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Foundation for Camp Bob Waldorf sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Ann Arbor Skyline Athletic Booster Club ($615k), Cougar Athletic Club Inc ($615k) and The North Carolina Adult Soccer Association ($615k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $12.6m against liabilities of $308k, net assets of $12.3m.

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.