Sky Mind Retreats

Analysis

Sky Mind Retreats is a registered charity in United States, based in Moab, UT. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sky Mind Retreats reported income of $207k and spending of $206k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $166k to $207k (+25%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sky Mind Retreats sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within UT. Charities of a similar size with the same main cause include Music in Me Foundation International ($207k), Illinois Congress of Parents Teachers ($207k) and Foundation for Islamic Scholarship and Teaching ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 50% of the total. At year end it held assets of $212k against liabilities of $0, net assets of $212k.