Marble Retreat

Analysis

Marble Retreat is a registered charity in United States, based in Marble, CO. It received its IRS tax-exemption ruling in December 1974, 52 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 September 2023, Marble Retreat reported income of $544k and spending of $589k, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $387k to $544k (+41%), an average of +8.9% a year. The sharpest change came in the year to September 2022, when income rose by 49%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marble Retreat sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Dynamite Youth Center Foundation Inc ($544k), China Ministries International ($545k) and Heritage Public Library Inc ($544k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 34% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $104k (18% of expenses). Other salaries and wages came to $78k. At year end it held assets of $750k against liabilities of $146k, net assets of $604k. It reported 3 employees.