Kentucky Sheriffs Boys Ranch Trust

Analysis

Kentucky Sheriffs Boys Ranch Trust is a registered charity in United States, based in Gilbertsville, KY. It received its IRS tax-exemption ruling in September 1975, 51 years ago. 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 August 2023, Kentucky Sheriffs Boys Ranch Trust reported income of $803k and spending of $732k, spending 91% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $630k to $803k (+27%), an average of +6.2% a year. The sharpest change came in the year to August 2021, when income rose by 63%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kentucky Sheriffs Boys Ranch Trust sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within KY. Charities of a similar size with the same main cause include New Mexico Junior College Foundation ($802k), M O T Senior Center Inc ($803k) and Montrose Child Care Center Inc ($802k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $88k (12% of expenses). Other salaries and wages came to $210k. At year end it held assets of $438k against liabilities of $82k, net assets of $357k. It reported 16 employees.