St Michael Center for Spiritual Renewal Inc

Analysis

St Michael Center for Spiritual Renewal Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, St Michael Center for Spiritual Renewal Inc reported income of $613k and spending of $202k, leaving 67% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $400k to $613k (+53%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 23% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Michael Center for Spiritual Renewal Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 47th percentile within DC. Charities of a similar size with the same main cause include United Special Sportsman Alliance ($613k), University of Strathclyde USA Foundation ($614k) and Household Abuse Victims Emergency Network Inc ($613k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $1.5m against liabilities of $12k, net assets of $1.5m.