Friends of Infinity Acres Ranch
Analysis
Friends of Infinity Acres Ranch is a registered charity in United States, based in Ridgeway, VA. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of Infinity Acres Ranch reported income of $292k and spending of $345k, spending 118% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $283k to $292k (+3.3%), an average of +1.6% a year. Over the whole period it spent 93% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Infinity Acres Ranch sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Brother Rice High School Foundation Inc ($292k), Goddard Education Foundation ($293k) and United States Coast Guard Academy Sponsored Programs and Research in ($292k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $89k (26% of expenses). Other salaries and wages came to $80k. At year end it held assets of $147k against liabilities of $73k, net assets of $74k. It reported 41 employees.
Income and spending
Where the income comes from
- Contributions & grants 27%
- Program services 69%
- Other 3.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Brother Rice High School Foundation Inc | Oak Brook | $292k |
| Goddard Education Foundation | Goddard | $293k |
| United States Coast Guard Academy Sponsored Programs and Research in | New London | $292k |
| Coastal Pines Technical College Foundation | Waycross | $293k |