Parks Youth Ranch Inc

Analysis

Parks Youth Ranch Inc is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Parks Youth Ranch Inc reported income of $1.4m and spending of $1.6m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.4m (-0.8%), an average of -0.2% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Parks Youth Ranch Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Main Street Connect Inc ($1.4m), Housing and Family Services of Greater New York Inc ($1.4m) and Volunteers of America Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $63k (3.9% of expenses). Other salaries and wages came to $865k. At year end it held assets of $2.2m against liabilities of $220k, net assets of $1.9m. It reported 47 employees.