Ironwood Springs Christian Ranch Inc
Analysis
Ironwood Springs Christian Ranch Inc is a registered charity in United States, based in Stewartville, MN. It received its IRS tax-exemption ruling in May 1978, 48 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 2023, Ironwood Springs Christian Ranch Inc reported income of $1.3m and spending of $1.5m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.3m (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 95% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ironwood Springs Christian Ranch Inc 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 82nd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include Walsh Jesuit High School Foundation ($1.3m), Catticus Corporation ($1.3m) and Gordon Bubolz Nature Preserve Inc ($1.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $64k (4.4% of expenses). Other salaries and wages came to $540k. At year end it held assets of $3.1m against liabilities of $66k, net assets of $3.0m. It reported 35 employees.
Income and spending
Where the income comes from
- Contributions & grants 47%
- Program services 27%
- Other 25%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Walsh Jesuit High School Foundation | Cuyahoga FLS | $1.3m |
| Catticus Corporation | Berkeley | $1.3m |
| Gordon Bubolz Nature Preserve Inc | Appleton | $1.3m |
| Habitat for Humanity International Inc | Brunswick | $1.3m |