Holston Presbytery Camp and Retreat Center Inc

Analysis

Holston Presbytery Camp and Retreat Center Inc is a registered charity in United States, based in Banner Elk, NC. It received its IRS tax-exemption ruling in July 1972, 54 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Holston Presbytery Camp and Retreat Center Inc reported income of $855k and spending of $770k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $784k to $855k (+9.0%), an average of +4.4% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Holston Presbytery Camp and Retreat Center Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Cynisca Cycling Inc ($855k), Arizona High School Rodeo Association Inc ($855k) and Dressage at Devon ($855k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $61k (7.9% of expenses). Other salaries and wages came to $187k. At year end it held assets of $1.6m against liabilities of $178k, net assets of $1.4m. It reported 28 employees.