Heart of the Matter Transformation Retreat Inc

Analysis

Heart of the Matter Transformation Retreat Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Heart of the Matter Transformation Retreat Inc reported income of $582k and spending of $207k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $197k to $582k (+196%), an average of +196% a year. The sharpest change came in the year to December 2023, when income rose by 196%. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heart of the Matter Transformation Retreat Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include Triumph Services Inc ($582k), Oseh Chessed Inc ($582k) and Korean Center Incorporated ($582k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $412k against liabilities of $5,013, net assets of $407k.