Whetstone Boys Ranch

Analysis

Whetstone Boys Ranch is a registered charity in United States, based in Mountain View, MO. It received its IRS tax-exemption ruling in March 2006, 20 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, Whetstone Boys Ranch reported income of $1.7m and spending of $1.2m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $994k to $1.7m (+71%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Whetstone Boys Ranch sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MO. Charities of a similar size with the same main cause include Speak Up for Kids of Palm Beach County Inc ($1.7m), Transoptions Inc ($1.7m) and A Hole in the Roof Foundation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $77k (6.4% of expenses). Other salaries and wages came to $665k. At year end it held assets of $1.8m against liabilities of $632k, net assets of $1.2m. It reported 33 employees.