Sky Ranch at Cave Springs Inc

Analysis

Sky Ranch at Cave Springs Inc is a registered charity in United States, based in Van, TX. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 August 2023, Sky Ranch at Cave Springs Inc reported income of $2.5m and spending of $2.2m, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.4m to $2.5m (+2.3%), an average of +0.6% a year. The sharpest change came in the year to August 2021, when income rose by 91%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sky Ranch at Cave Springs Inc 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 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include The Premier Foundation ($2.5m), Lighthouse Gospel Mission Inc ($2.5m) and Davar Partners International ($2.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 11% and program service revenue 84% of the total. Other salaries and wages came to $802k. At year end it held assets of $2.8m against liabilities of $280k, net assets of $2.6m. It reported 69 employees.