Hermitage Spiritual Retreat Center Inc

Analysis

Hermitage Spiritual Retreat Center Inc is a registered charity in United States, based in Las Cruces, NM. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, Hermitage Spiritual Retreat Center Inc reported income of $81k and spending of $29k, leaving 64% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $68k to $81k (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2020, when income rose by 32%. Over the whole period it spent 40% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hermitage Spiritual Retreat Center Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 27th percentile within NM. Charities of a similar size with the same main cause include House of Hope Ministries Inc ($81k), Darul Ihsan Cultural Center USA Inc ($81k) and Xtreme Agape ($81k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 7.4% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.