Bishop Gray Retirement Foundation Inc

Analysis

Bishop Gray Retirement Foundation Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in August 1953, 73 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bishop Gray Retirement Foundation Inc reported income of $850k and spending of $775k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $611k to $850k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bishop Gray Retirement Foundation 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 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Coracle ($850k), Heartland Christian College ($850k) and Kansas State Fire Fighters Association Inc ($850k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% of the total. Compensation of current officers, directors and key employees was $64k (8.3% of expenses). At year end it held assets of $13.8m against liabilities of $0, net assets of $13.8m. It reported 1 employees.