Eagles Wings Retreat Center Inc

Analysis

Eagles Wings Retreat Center Inc is a registered charity in United States, based in Burnet, TX. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Eagles Wings Retreat Center Inc reported income of $722k and spending of $843k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $641k to $722k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 107% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Eagles Wings Retreat Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Friends of Sycamore Shoals State Historic Area Inc ($722k), Shoe4africa Inc ($722k) and Connecticut Hockey Conference Inc ($722k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Other salaries and wages came to $293k. At year end it held assets of $4.6m against liabilities of $321k, net assets of $4.3m. It reported 13 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.