Cedar Bay Camp and Retreat Center Inc
Analysis
Cedar Bay Camp and Retreat Center Inc is a registered charity in United States, based in Cedarville, MI. It received its IRS tax-exemption ruling in April 1992, 34 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, Cedar Bay Camp and Retreat Center Inc reported income of $1.1m and spending of $1.5m, spending 136% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $9.3m to $1.1m (-88%), an average of -50% a year. The sharpest change came in the year to December 2021, when income dropped by 88%. Over the whole period it spent 34% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Cedar Bay Camp and Retreat Center Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include Asha Partners ($1.1m), BSF Global Impact Corp ($1.1m) and The Altar Fellowship ($1.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 60% of the total. Other salaries and wages came to $591k. At year end it held assets of $8.9m against liabilities of $203k, net assets of $8.7m. It reported 49 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.
Income and spending
Where the income comes from
- Contributions & grants 33%
- Program services 60%
- Other 7.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Asha Partners | Irving | $1.1m |
| BSF Global Impact Corp | San Antonio | $1.1m |
| The Altar Fellowship | Johnson City | $1.1m |
| Cornerstone Outreach Ministries Inc | Avondale | $1.1m |