Monastery of the Risen Christ

Analysis

Monastery of the Risen Christ is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in March 1988, 38 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, Monastery of the Risen Christ reported income of $123k and spending of $160k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $121k to $123k (+2.2%), an average of +0.6% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 122% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Monastery of the Risen Christ sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include European Baptist Fellowship Inc ($123k), Entourage Ministries Inc ($123k) and Solomons Mission ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. At year end it held assets of $633k against liabilities of $29, net assets of $633k.

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.