Ranger Airfield Foundation

Analysis

Ranger Airfield Foundation is a registered charity in United States, based in Ranger, TX. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Ranger Airfield Foundation reported income of $145k and spending of $45k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $100k to $145k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2020, when income rose by 52%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ranger Airfield Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Nautilus Music Theater ($145k), Puna Canoe Club ($145k) and Kgnb-Knbt Foundation Inc ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.