St Mina Retreat Center

Analysis

St Mina Retreat Center is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, St Mina Retreat Center reported income of $390k and spending of $441k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $340k to $390k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2022, when income rose by 77%. 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, St Mina Retreat Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Our Watch with Tim Thompson ($390k), Gateway Prayer Garden ($390k) and Huguenot Heritage Inc ($390k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.

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.