Hope Ranch of Montana

Analysis

Hope Ranch of Montana is a registered charity in United States, based in Red Lodge, MT. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope Ranch of Montana reported income of $664k and spending of $415k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $385k to $664k (+73%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 110%. Over the whole period it spent 60% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hope Ranch of Montana sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within MT. Charities of a similar size with the same main cause include Iqraa Foundation Inc ($663k), Yorktown Huskies Ac Inc ($665k) and Girls Incorporated of Pinellas ($663k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $146k (35% of expenses). Other salaries and wages came to $18k. At year end it held assets of $1.7m against liabilities of $13k, net assets of $1.7m. It reported 3 employees.