Refuge Ranch Ministries of Charlotte Inc

Analysis

Refuge Ranch Ministries of Charlotte Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in December 2008, 18 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, Refuge Ranch Ministries of Charlotte Inc reported income of $548k and spending of $684k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $679k to $548k (-19%), an average of -5.2% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Refuge Ranch Ministries of Charlotte Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Keren Aniyim Inc ($548k), Friends of the FDR Memorial Inc ($548k) and Quiet Waters Outreach ($548k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $112k (16% of expenses). Other salaries and wages came to $88k. At year end it held assets of $400k against liabilities of $4,453, net assets of $395k. It reported 6 employees.