Rancho Milagro Foundation

Analysis

Rancho Milagro Foundation is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Milagro Foundation reported income of $379k and spending of $180k, leaving 53% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $90k to $379k (+320%), an average of +105% a year. The sharpest change came in the year to December 2023, when income rose by 115%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rancho Milagro Foundation 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 66th percentile, and in the 63rd percentile within AZ. Charities of a similar size with the same main cause include 2 1 International Inc ($379k), Orphans Hope ($379k) and Hidden Water Inc ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 5.3% of the total. Compensation of current officers, directors and key employees was $16k (8.8% of expenses). At year end it held assets of $348k against liabilities of $3,126, net assets of $345k.