Hope Ranch Ministries

Analysis

Hope Ranch Ministries is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in February 2009, 17 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, Hope Ranch Ministries reported income of $77k and spending of $81k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $77k (+0.2%), an average of +0.2% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Ranch Ministries sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within UT. Charities of a similar size with the same main cause include Salem Ecumenical Food Pantry Inc ($77k), Community Hope Inc ($77k) and Closet Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k.