Cathedral Oaks Worship and Retreat Center

Analysis

Cathedral Oaks Worship and Retreat Center is a registered charity in United States, based in Weimar, TX. It received its IRS tax-exemption ruling in April 2021, 5 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, Cathedral Oaks Worship and Retreat Center reported income of $410k and spending of $500k, spending 122% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $215k to $410k (+91%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 103%. Over the whole period it spent 141% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cathedral Oaks Worship and Retreat Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Catholic Campus Ministry Assoc ($410k), Jewish Interactive Inc ($410k) and Chicago Chinese Christian Missions ($409k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 36% of the total. Other salaries and wages came to $91k. At year end it held assets of $4.6m against liabilities of $343k, net assets of $4.2m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.