Retro Ministries

Analysis

Retro Ministries is a registered charity in United States, based in Collegedale, TN. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Retro Ministries reported income of $294k and spending of $176k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $33k to $294k (+804%), an average of +804% a year. The sharpest change came in the year to December 2023, when income rose by 804%. Over the whole period it spent 59% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Retro Ministries sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include Crazy Cool Family ($294k), Global Che Enterprises ($294k) and Brian Adams Ministries ($294k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $108k (62% of expenses). At year end it held assets of $134k against liabilities of $0, net assets of $134k.