William Holland Retreat Inc

Analysis

William Holland Retreat Inc is a registered charity in United States, based in Young Harris, GA. It received its IRS tax-exemption ruling in August 1984, 42 years ago. 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, William Holland Retreat Inc reported income of $844k and spending of $878k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $734k to $844k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2022, when income rose by 286%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, William Holland Retreat Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Sipe Ministries Inc ($843k), Washington Heritage University ($844k) and Thrive Regional Partnership Inc ($843k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 95% of the total. Other salaries and wages came to $379k. At year end it held assets of $984k against liabilities of $408k, net assets of $576k. It reported 18 employees.