Laymans Retreat at Round Top

Analysis

Laymans Retreat at Round Top is a registered charity in United States, based in Round Top, TX. It received its IRS tax-exemption ruling in March 1985, 41 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 May 2024, Laymans Retreat at Round Top reported income of $279k and spending of $319k, spending 115% of what it took in. Across the 4 years on record, from May 2021 to May 2024, income grew from $155k to $279k (+79%), an average of +22% a year. The sharpest change came in the year to May 2022, when income rose by 104%. Over the whole period it spent 115% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Laymans Retreat at Round Top sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Friends of Dolores Mission Church ($279k), African Christians Fellowship International Inc ($279k) and Sanatan Hindu Sanskar Kendra ($279k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $40k (13% of expenses). Other salaries and wages came to $62k. At year end it held assets of $1.1m against liabilities of $900k, net assets of $209k. It reported 3 employees.