Banning Lewis Ranch Academy Inc

Analysis

Banning Lewis Ranch Academy Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Banning Lewis Ranch Academy Inc reported income of $17.4m and spending of $16.2m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $13.2m to $17.4m (+32%), an average of +9.6% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Banning Lewis Ranch Academy Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Maranatha High School ($17.4m), Summit Christian Academy ($17.4m) and Allegheny County Library Assoc ($17.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.3% and program service revenue 89% of the total. At year end it held assets of $11.4m against liabilities of $1.5m, net assets of $9.9m.