Lake Brownwood Christian Retreat Inc

Analysis

Lake Brownwood Christian Retreat Inc is a registered charity in United States, based in Brownwood, TX. It received its IRS tax-exemption ruling in June 1980, 46 years ago. 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, Lake Brownwood Christian Retreat Inc reported income of $353k and spending of $410k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $368k to $353k (-4.0%), an average of -1.0% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Brownwood Christian Retreat Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Chugiak Senior Citizens Foundation ($353k), Tucson Amateur Astronomy Association Incorporated ($353k) and National Church Residences of ($353k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Other salaries and wages came to $151k. At year end it held assets of $2.8m against liabilities of $31k, net assets of $2.7m. It reported 17 employees.