LTT Retreat and Education Center
Analysis
LTT Retreat and Education Center is a registered charity in United States, based in Waller, TX. It received its IRS tax-exemption ruling in February 2019, 7 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, LTT Retreat and Education Center reported income of $472k and spending of $412k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $407k to $472k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 95% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, LTT Retreat and Education Center sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Ahlulbait Foundation Inc ($472k), Faith and Life Inc ($472k) and Christian African Leadership Ministries ($472k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $48k. At year end it held assets of $239k against liabilities of $137k, net assets of $101k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 11%
- Program services 89%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ahlulbait Foundation Inc | Lilburn | $472k |
| Faith and Life Inc | Newton | $472k |
| Christian African Leadership Ministries | Mountain BRK | $472k |
| 7 Stages Discipleship Bridges | Houston | $473k |