New Horizon Ranch Inc

Analysis

New Horizon Ranch Inc is a registered charity in United States, based in Rantoul, KS. It received its IRS tax-exemption ruling in March 2007, 19 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, New Horizon Ranch Inc reported income of $279k and spending of $329k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $421k to $279k (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Horizon Ranch Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within KS. Charities of a similar size with the same main cause include Look Up Ministries ($278k), Briggs & Barrett Project ($279k) and Safe Haven of Person County ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $95k (29% of expenses). Other salaries and wages came to $45k. At year end it held assets of $643k against liabilities of $2,828, net assets of $640k. It reported 7 employees.