Threshold Retreat Inc

Analysis

Threshold Retreat Inc is a registered charity in United States, based in East Bend, NC. It received its IRS tax-exemption ruling in July 2017, 9 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, Threshold Retreat Inc reported income of $91k and spending of $99k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $236k to $91k (-61%), an average of -21% a year. The sharpest change came in the year to December 2020, when income rose by 60%. Over the whole period it spent 69% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Threshold Retreat Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within NC. Charities of a similar size with the same main cause include United States Christian Golf Association ($91k), Spiritist Group Love and Light ($91k) and Tampa Bay Tres Dias Inc ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $32k (33% of expenses). Other salaries and wages came to $16k. At year end it held assets of $713k against liabilities of $1,085, net assets of $712k. It reported 1 employees.