Vivekananda Retreat Ridgely

Analysis

Vivekananda Retreat Ridgely is a registered charity in United States, based in Stone Ridge, NY. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vivekananda Retreat Ridgely reported income of $157k and spending of $213k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $258k to $157k (-39%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 114% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vivekananda Retreat Ridgely sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Perdue Evangelistic Association Inc ($157k), Joseph and Alice McKeen Study Center ($157k) and A V Sikh Center ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.3% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.

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.