Roseaire Retreat Inc

Analysis

Roseaire Retreat Inc is a registered charity in United States, based in Delray Beach, FL. It received its IRS tax-exemption ruling in August 1996, 30 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 2022, Roseaire Retreat Inc reported income of $904k and spending of $1.1m, spending 122% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $601k to $904k (+50%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 126% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Roseaire Retreat 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 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Emory Christian Campus Fellowship Inc ($904k), Orphans Unlimited Inc ($904k) and Disciple the Nations Inc ($903k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 26% and program service revenue 74% of the total. Other salaries and wages came to $359k. At year end it held assets of $7.2m against liabilities of $1.4m, net assets of $5.8m. It reported 21 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.