Chestnut Mountain Ranch Inc

Analysis

Chestnut Mountain Ranch Inc is a registered charity in United States, based in Morgantown, WV. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Chestnut Mountain Ranch Inc reported income of $3.6m and spending of $3.0m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $3.6m (+138%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 115%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chestnut Mountain Ranch Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within WV. Charities of a similar size with the same main cause include Hope Village for Children Inc ($3.6m), Global Children Services Inc ($3.6m) and Pathways to Independence Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $212k (7.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.4m against liabilities of $111k, net assets of $3.3m. It reported 79 employees.