True North Retreats

Analysis

True North Retreats is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 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, True North Retreats reported income of $269k and spending of $264k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $308k to $269k (-13%), an average of -13% a year. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, True North Retreats sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include One Hope Vision Ministries ($269k), Bangladesh Christian Mission ($270k) and Guru Tegh Bahadur Ji Foundation ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $135k (51% of expenses). At year end it held assets of $203k against liabilities of $3,452, net assets of $199k.