Watersprings Ranch Inc

Analysis

Watersprings Ranch Inc is a registered charity in United States, based in Texarkana, AR. It received its IRS tax-exemption ruling in May 1992, 34 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 December 2023, Watersprings Ranch Inc reported income of $2.5m and spending of $1.6m, leaving 37% of income unspent that year. Across the 6 years on record, from December 2017 to December 2023, income grew from $1.1m to $2.5m (+119%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Watersprings Ranch Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within AR. Charities of a similar size with the same main cause include Cabrini Immigrant Services of New York City Inc ($2.5m), Wsa Youth Soccer Association ($2.5m) and Plumfield Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $118k (7.6% of expenses). Other salaries and wages came to $417k. At year end it held assets of $6.0m against liabilities of $303k, net assets of $5.7m. It reported 19 employees.