Lutheran Valley Retreat Inc

Analysis

Lutheran Valley Retreat Inc is a registered charity in United States, based in Woodland Park, CO. It received its IRS tax-exemption ruling in October 1968, 58 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Lutheran Valley Retreat Inc reported income of $837k and spending of $873k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $577k to $837k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lutheran Valley Retreat Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include Greater Wichita Area Sports Commission Inc ($837k), Franconia Ski Club ($837k) and Southeastern Massachusetts Regional Youth Hockey Association Inc ($836k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $68k (7.8% of expenses). Other salaries and wages came to $321k. At year end it held assets of $1.2m against liabilities of $302k, net assets of $876k. It reported 31 employees.