Ranger Junior College Foundation Inc

Analysis

Ranger Junior College Foundation Inc is a registered charity in United States, based in Ranger, TX. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Ranger Junior College Foundation Inc reported income of $210k and spending of $350k, spending 166% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $125k to $210k (+68%), an average of +14% a year. The sharpest change came in the year to August 2020, when income rose by 187%. Over the whole period it spent 113% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ranger Junior College Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Friends of Ner Yitzhak Inc ($210k), The Rachel Molly Markoff Foundation ($210k) and Hortense B Perry Foundation Inc ($210k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.6m against liabilities of $47k, net assets of $2.6m.