Heartland Ranch Inc

Analysis

Heartland Ranch Inc is a registered charity in United States, based in Benson, MN. It received its IRS tax-exemption ruling in November 1992, 34 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, Heartland Ranch Inc reported income of $2.9m and spending of $3.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $2.9m (+5.0%), an average of +1.2% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heartland Ranch Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Food Bank of the State College Area Inc ($2.9m), City House Inc ($2.9m) and Meadowlark Retirement Village ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $108k (3.6% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.3m against liabilities of $1.5m, net assets of $786k. It reported 72 employees.