Bill Rice Ranch Inc

Analysis

Bill Rice Ranch Inc is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in February 1959, 67 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Bill Rice Ranch Inc reported income of $3.3m and spending of $3.7m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.3m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bill Rice Ranch Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within TN. Charities of a similar size with the same main cause include Episcopal Church Home Friendship Inc ($3.3m), Assisi Homes - Constitution House Inc ($3.3m) and Crisis Center Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $101k (2.7% of expenses). Other salaries and wages came to $803k. At year end it held assets of $9.3m against liabilities of $1.8m, net assets of $7.5m. It reported 63 employees.