Texas Girls and Boys Ranch
Analysis
Texas Girls and Boys Ranch is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in November 1973, 53 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 January 2024, Texas Girls and Boys Ranch reported income of $4.5m and spending of $4.6m, spending 102% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $3.5m to $4.5m (+28%), an average of +6.5% a year. The sharpest change came in the year to January 2021, when income rose by 32%. Over the whole period it spent 91% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texas Girls and Boys Ranch 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 91st percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Life Needs Co Op Inc ($4.5m), Matthews Hope Ministries Inc ($4.5m) and West Islip Youth Enrichment Services Incorporated ($4.5m).
On its Form 990 for the period ending January 2024, revenue came from contributions and grants 65% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $196k (4.3% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $6.2m against liabilities of $196k, net assets of $6.0m. It reported 88 employees.
Income and spending
Where the income comes from
- Contributions & grants 65%
- Program services 34%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Life Needs Co Op Inc | GT Barrington | $4.5m |
| Matthews Hope Ministries Inc | Winter Garden | $4.5m |
| West Islip Youth Enrichment Services Incorporated | West Islip | $4.5m |
| Hope for Youth Inc | Fresno | $4.5m |