Saint Edward Retreat Center

Analysis

Saint Edward Retreat Center is a registered charity in United States, based in LA Canada, CA. It received its IRS tax-exemption ruling in September 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 (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, Saint Edward Retreat Center reported income of $874k and spending of $1.1m, spending 125% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $218k to $874k (+301%), an average of +59% a year. The sharpest change came in the year to December 2021, when income rose by 402%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Saint Edward Retreat Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Fa Yun Chan Temple ($874k), Media Associates International Inc ($874k) and Praxis Ministries ($874k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $1.0m against liabilities of $300k, net assets of $747k. It reported 9 employees.