Franciscan Mountain Retreat Inc

Analysis

Franciscan Mountain Retreat Inc is a registered charity in United States, based in St Bonas, NY. It received its IRS tax-exemption ruling in September 1986, 40 years ago. 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 May 2023, Franciscan Mountain Retreat Inc reported income of $667k and spending of $721k, spending 108% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income grew from $651k to $667k (+2.6%), an average of +0.8% a year. The sharpest change came in the year to May 2022, when income rose by 15%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Franciscan Mountain Retreat Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include True Light Christian School ($667k), Walkersville Volunteer Rescue Co Inc ($667k) and The Samaritan House Inc ($667k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 78% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $100k (14% of expenses). Other salaries and wages came to $115k. At year end it held assets of $6.1m against liabilities of $0, net assets of $6.1m. It reported 9 employees.