Inspiration Ranch Inc

Analysis

Inspiration Ranch Inc is a registered charity in United States, based in Magnolia, TX. It received its IRS tax-exemption ruling in November 2011, 15 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, Inspiration Ranch Inc reported income of $2.1m and spending of $1.8m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.1m (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inspiration Ranch Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Young Womens Christian Assn ($2.1m), Park City Tots ($2.1m) and Hands on Tzedakah Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $115k (6.4% of expenses). Other salaries and wages came to $770k. At year end it held assets of $5.5m against liabilities of $2.2m, net assets of $3.2m. It reported 30 employees.