Circle Y Ranch of Bangor Mich

Analysis

Circle Y Ranch of Bangor Mich is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 1955, 71 years ago. 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 2022, Circle Y Ranch of Bangor Mich reported income of $260k and spending of $260k, spending 100% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $154k to $260k (+69%), an average of +69% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Circle Y Ranch of Bangor Mich sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Poland-Boardman Child Care Center ($260k), Chicago Jazz Orchestra Association ($260k) and Mercer County Council on Aging Inc ($260k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.6m against liabilities of $1.6m, net assets of $0.