Rancho Obi-Wan Inc

Analysis

Rancho Obi-Wan Inc is a registered charity in United States, based in Petaluma, CA. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Rancho Obi-Wan Inc reported income of $188k and spending of $321k, spending 170% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $233k to $188k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 123% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rancho Obi-Wan Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Portage County Historical Society Inc ($188k), Family Cornerstones Inc ($188k) and Pianosonoma Music Festival Inc ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $33k (10% of expenses). Other salaries and wages came to $23k. At year end it held assets of $336k against liabilities of $468k, net assets of -$132k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.