Sinai Retreats

Analysis

Sinai Retreats is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Sinai Retreats reported income of $666k and spending of $472k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $383k to $666k (+74%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sinai Retreats sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OH. Charities of a similar size with the same main cause include Holy Nativity Christian Child Care Center ($666k), PMHT Inc ($667k) and Wesley Chapel Mission Center ($666k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $50k (10% of expenses). At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.