Kings Ranch Inc

Analysis

Kings Ranch Inc is a registered charity in United States, based in Jonesboro, AR. It received its IRS tax-exemption ruling in September 2007, 19 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, Kings Ranch Inc reported income of $216k and spending of $230k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $216k (+109%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 135% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kings Ranch Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within AR. Charities of a similar size with the same main cause include Lost Sierra Food Project ($216k), Sammys Place ($216k) and Echo West Texas ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 23% of the total. Other salaries and wages came to $133k. At year end it held assets of $607k against liabilities of $11k, net assets of $596k. It reported 11 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.