Siena Retreat Center Inc

Analysis

Siena Retreat Center Inc is a registered charity in United States, based in Racine, WI. It received its IRS tax-exemption ruling in June 2020, 6 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 August 2023, Siena Retreat Center Inc reported income of $1.0m and spending of $1.2m, spending 119% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income grew from $920k to $1.0m (+13%), an average of +4.1% a year. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Siena Retreat Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within WI. Charities of a similar size with the same main cause include Albert Shanker College Scholarship Fund of the United Fed of Teachers ($1.0m), Heal Inc ($1.0m) and Broward Public Library Foundation ($1.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 24% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $90k (7.3% of expenses). Other salaries and wages came to $312k. At year end it held assets of $798k against liabilities of $128k, net assets of $671k. It reported 15 employees.

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.