Sacred Art of Living Education and Retreat Center Inc
Analysis
Sacred Art of Living Education and Retreat Center Inc is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sacred Art of Living Education and Retreat Center Inc reported income of $606k and spending of $604k, spending 100% of its income. Across the 6 years on record, from June 2019 to December 2023, income fell from $705k to $606k (-14%), an average of -3.0% a year. The sharpest change came in the year to December 2019, when income dropped by 100%. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Sacred Art of Living Education and Retreat Center Inc 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 73rd percentile, and in the 73rd percentile within OR. Charities of a similar size with the same main cause include The Institute of Business & Finance ($605k), Foothills Performing Arts Center Inc ($606k) and Okeechobee Educational Foundation ($605k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $67k (11% of expenses). Other salaries and wages came to $160k. At year end it held assets of $192k against liabilities of $138k, net assets of $54k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 22%
- Program services 77%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Institute of Business & Finance | San Diego | $605k |
| Foothills Performing Arts Center Inc | Oneonta | $606k |
| Okeechobee Educational Foundation | Okeechobee | $605k |
| Metropolitan International Center Academy Parent Teacher Org Co | Miami | $606k |