St Paul of the Cross Passionist Retreat Center Inc

Analysis

St Paul of the Cross Passionist Retreat Center Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 June 2023, St Paul of the Cross Passionist Retreat Center Inc reported income of $2.3m and spending of $1.5m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.3m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Paul of the Cross Passionist Retreat Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within MI. Charities of a similar size with the same main cause include New World Educational Center ($2.3m), Boy Scouts of America ($2.3m) and Khalil Foundation ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 25% of the total. Other salaries and wages came to $367k. At year end it held assets of $4.8m against liabilities of $245k, net assets of $4.5m. It reported 14 employees.