Cedar Grove Retreat Inc

Analysis

Cedar Grove Retreat Inc is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2019, Cedar Grove Retreat Inc reported income of $344k and spending of $329k, spending 95% of its income. Across the 4 years on record, from December 2016 to December 2019, income grew from $334k to $344k (+3.0%), an average of +1.0% a year. The sharpest change came in the year to December 2018, when income dropped by 32%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cedar Grove Retreat Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Save the Nations Ministries ($344k), Moorcroft Interfaith Community ($345k) and Soul Care Institute ($344k).

On its Form 990 for the period ending December 2019, revenue came from program service revenue 100% of the total. At year end it held assets of $403k against liabilities of $0, net assets of $403k.