Cargo Ranch Inc

Analysis

Cargo Ranch Inc is a registered charity in United States, based in Shawnee, OK. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Cargo Ranch Inc reported income of $88k and spending of $69k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $44k to $88k (+103%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cargo Ranch Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within OK. Charities of a similar size with the same main cause include Big Lake Baseball Association ($88k), Cold Spring Area Youth Sports Association ($88k) and Wiregrass Kings Corporation ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $259k against liabilities of $0, net assets of $259k.