Snowlake Retreat

Analysis

Snowlake Retreat is a registered charity in United States, based in Passaic, NJ. It received its IRS tax-exemption ruling in March 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 2023, Snowlake Retreat reported income of $2.0m and spending of $1.9m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $587k to $2.0m (+239%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Snowlake Retreat sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include Ascent-Inner Dimensions of Jewish Lifestyle Inc ($2.0m), Dugit Messianic Outreach Center ($2.0m) and The Particular Council of the Society of St Vincent de Paul ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $65k. At year end it held assets of $151k against liabilities of $5,109, net assets of $146k. It reported 8 employees.