Gwinwood Retreat Center

Analysis

Gwinwood Retreat Center is a registered charity in United States, based in Lacey, WA. It received its IRS tax-exemption ruling in February 1949, 77 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gwinwood Retreat Center reported income of $2.2m and spending of $328k, leaving 85% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $332k to $2.2m (+565%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 766%. Over the whole period it spent 47% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gwinwood Retreat Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WA. Charities of a similar size with the same main cause include Crested Butte Nordic Council ($2.2m), Ligonier Camp & Conference Ctr ($2.2m) and Amateur Athletic Union of the United States Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 7.7% of the total. Other salaries and wages came to $124k. At year end it held assets of $2.3m against liabilities of $81k, net assets of $2.2m. It reported 8 employees.