Respite Retreats Inc

Analysis

Respite Retreats Inc is a registered charity in United States, based in Ellicott City, MD. It received its IRS tax-exemption ruling in July 2018, 8 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, Respite Retreats Inc reported income of $220k and spending of $275k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $86k to $220k (+156%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Respite Retreats Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MD. Charities of a similar size with the same main cause include Dress for Success Memphis ($220k), Children Waiting Everywhere Inc ($220k) and Feed the Need of Putnam County Inc ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. Other salaries and wages came to $94k. At year end it held assets of $139k against liabilities of $8,260, net assets of $131k. It reported 3 employees.