Down Home Ranch Inc

Analysis

Down Home Ranch Inc is a registered charity in United States, based in Elgin, TX. It received its IRS tax-exemption ruling in July 1990, 36 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, Down Home Ranch Inc reported income of $4.4m and spending of $4.6m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $4.4m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2022, when income rose by 35%. 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, Down Home Ranch Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include The Hana Center ($4.4m), Beyond Blessed Pantry ($4.4m) and LA Semilla Food Center ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $219k (4.8% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $6.2m against liabilities of $967k, net assets of $5.2m. It reported 160 employees.