Spiritual Retreat Foundation

Analysis

Spiritual Retreat Foundation is a registered charity in United States, based in Pipe Creek, TX. It received its IRS tax-exemption ruling in October 2014, 12 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 December 2023, Spiritual Retreat Foundation reported income of $739k and spending of $701k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $600k to $739k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Spiritual Retreat Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Sikhgurdwarasantarosa ($738k), Chinese Christian Fellowship ($739k) and Accelerate Group Inc ($738k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $100k (14% of expenses). Other salaries and wages came to $109k. At year end it held assets of $275k against liabilities of $10k, net assets of $265k. It reported 11 employees.