St Clare Sisters Retreat Ministry

Analysis

St Clare Sisters Retreat Ministry is a registered charity in United States, based in Palm Harbor, FL. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Clare Sisters Retreat Ministry reported income of $227k and spending of $164k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $130k to $227k (+74%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, St Clare Sisters Retreat Ministry sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Blaze Ministries International ($227k), Joshua Revolution ($227k) and Shree Maharishi Bhrigu Ashram ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $7,502 (4.6% of expenses). At year end it held assets of $298k against liabilities of $0, net assets of $298k. It reported 1 employees.