Freedom Gates Boys Ranch Inc

Analysis

Freedom Gates Boys Ranch Inc is a registered charity in United States, based in Kiowa, KS. It received its IRS tax-exemption ruling in September 2014, 12 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, Freedom Gates Boys Ranch Inc reported income of $711k and spending of $571k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $711k (+246%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 72%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Freedom Gates Boys Ranch Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within KS. Charities of a similar size with the same main cause include Aha Childcare & Family Learning Center ($711k), CVS Health Employee Relief Fund ($711k) and Rainbow House Domestic Abuse Service Inc ($711k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $87k (15% of expenses). Other salaries and wages came to $166k. At year end it held assets of $1.1m against liabilities of $55k, net assets of $1.0m. It reported 9 employees.