Faith Ranch and Farms Fund

Analysis

Faith Ranch and Farms Fund is a registered charity in United States, based in Jewett, OH. It received its IRS tax-exemption ruling in December 1974, 52 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Faith Ranch and Farms Fund reported income of $867k and spending of $940k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $867k (-47%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 34%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith Ranch and Farms Fund sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include TVS Ministries Inc ($867k), Hischannel Ministries ($867k) and China Soul for Christ Foundation ($867k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.3% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $43k (4.6% of expenses). Other salaries and wages came to $178k. At year end it held assets of $2.2m against liabilities of $7,102, net assets of $2.2m. It reported 23 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.