Brethren Retreat Ministries Inc

Analysis

Brethren Retreat Ministries Inc is a registered charity in United States, based in Shipshewana, IN. It received its IRS tax-exemption ruling in October 2022, 4 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, Brethren Retreat Ministries Inc reported income of $536k and spending of $419k, leaving 22% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $3.0m to $536k (-82%), an average of -29% a year. The sharpest change came in the year to December 2019, when income dropped by 87%. Over the whole period it spent 41% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Brethren Retreat Ministries Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IN. Charities of a similar size with the same main cause include Mike Hayes Ministries ($536k), Christar International Inc ($536k) and Dibra Community Center of NJ Inc ($536k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $66k (16% of expenses). Other salaries and wages came to $46k. At year end it held assets of $3.2m against liabilities of $126k, net assets of $3.1m. It reported 13 employees.